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02/02/07
Yet again, Google exceeds expectations as profits triple
Filed under: General, Business
Posted by: Lillian Wong @ 8:13 pm

Google Inc.’s fourth-quarter profit nearly tripled amid another burst of breathtaking growth that enabled the online search leader to sprint past analyst expectations, a habit that has helped propel its stock price above $500. The Mountain View-based company said Wednesday that it earned $1.03 billion, or $3.29 per share, during the final three months of 2006. That compared with net income of $372.2 million, or $1.22 per share, at the same time in 2005.  More…

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