Google (NASDAQ: GOOG) stock jumped after hours, rising more that 1.3% on earnings that topped analyst estimates. The company earned $8.75 on non-GAAP earnings per share, beating the $8.09 consensus analyst estimate.
Google also announced that it would swap out Eric Schmidt for Google founder Larry Page. The move comes as a threat from Facebook arises. It is still too early to decide its strategic effectiveness.
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