Tuesday, January 31, 2006

Google Reports Fourth Quarter 2005 Earnings

Google just reported fourth quarter 2005 earnings. You can read the earnings release here. There is also a PDF version available

Gross revenues slightly beat consensus at $1.919 billion compared to a Reuters consensus of $1.917 billion. Revenues ex Traffic Acquisition Costs (TAC) matched consensus at $1.29 billion versus a First Call consensus of $1.29 billion.

GAAP net income was $372 million or $1.22 per share on a diluted basis.

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