Google’s Profits Beats Competition’s

Google’s net revenue is up again, 77% higher year over year to $1.67 billion, beating estimates of $1.65 billion.

Gross revenue $2.46 billion. Net income $721 million– more than double.

Adjusted EPS $2.49, beating estimates of $2.22. Total costs rose 86%. Capital expenditure was $699 million– $319 million of which went to real estate.

Search market share 48%– compare with 31% for Yahoo and 14% for Microsoft, according to Majestic Research.

Also covered at USATODAY.

This entry was posted on Friday, July 21st, 2006 at 2:31 pm and is filed under Google. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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