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Google Announces First Quarter 2011 Results
- simonsarris 16y ago...Short of estimates, and GOOG is down almost 5% in after-hours trading. (Of course that doesn't mean much, it could be completely different by the time we wake up tomorrow.)
- phlux 16y agoTL;DR: Money printing machine capable of $100,000 per hour now producing $99,500 per hour.
- VladRussian 16y agowhich is a pure loss of $500/hour as whoever bought the machine has already priced the expected performance in.
- kenjackson 16y agoShort of EPS estimates, but my take is meeting or exceeding otherwise. Nice revenue growth. Google may need to slow headcount growth, but they're in solid shape in my laymans take.
- juiceandjuice 16y agoReading some of the financial reports being thrown out is is lovely, stuff like this: "But Larry Page has signaled pretty clearly that he is going to be driving up expenses. If the expenses are targeted and result in future revenue streams, then good for Larry. If not, that results in an undisciplined spending approach." Don't get me wrong, revenue is cool, but these reports are reading like Page is being chastised already for hiring people and investing in the company. What was it that Google told investors when they IPO'd forever ago?
- r00fus 16y ago> is being chastised already for hiring people and investing in the company What else do you expect of front-running, HFT, bailout-soaking wall street? They no longer respect sustainable growth and want overnight riches.
- orijing 16y agoPerhaps this is just the clarity of hindsight, but it wasn't surprising that operating expenses have shot up due to the competition in hiring and its recent across-the-board raises. I'm actually surprised the impact wasn't greater.