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Google posts profit, but growth slows

San Francisco : CA : USA | 7 months ago  
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Google Inc. eked out a higher profit in the first quarter as the Internet search leader trimmed its workforce and winnowed other expenses to overcome the slowest revenue growth since the company went public nearly five years ago. More Business The results released Thursday illustrated how the recession...
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  • News Source: MarketWatch | 7 months ago
    Google's revenue growth slowed in [the first quarter], but management's cost controls led to a comfortable EPS beat," wrote Youssef Squali of Jefferies & Co., adding that "the next two quarters should see material top-line growth deceleration, mostly...
  • News Source: The Age | 7 months ago
    THE slumping economy has broken Google's streak. The internet search giant has revealed it had its first drop in revenue compared with the previous quarter since it went public in 2004, as marketers reined in their advertising budgets.
  • News Source: Honolulu Advertiser | 7 months ago
    Google Inc. eked out a higher profit in the first quarter as the Internet search leader trimmed its workforce and winnowed other expenses to overcome the slowest revenue growth since the company went public nearly five years ago. The results...
  • News Source: Androscoggin News | 7 months ago
    Google growth halted as credit crunch bites Hugo Duncan 17.04.09 Internet search engine Google is feeling the pain of recession after seeing years of unbridled growth come crashing to a end...It was the first quarter-on-quarter decline since it was...
  • News Source: MarketWatch | 7 months ago
    But while Google's results may bode well for Yahoo's search business, Yahoo is far more dependent on the sale of relatively higher-priced graphical display advertising -- a sector thought to be more heavily impacted by the down economy. "We expect...
  • News Source: Guardian Unlimited | 7 months ago
    Announcing its latest results yesterday, the search engine and advertising business, shrugged off the worst effects of the recession by announcing that it generated $1.42bn (£952m) in net income from revenues of $5.5bn for the first three months of...
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