Shares of Google Inc (NASDAQ:GOOG) had the best weekly
performance so far this year with a gain of over about 6% during the week after
the company posted strong set of earnings and the stock ended the week well
above $600 mark for the first time in the past one month.
Can GOOG Move Back To
52-week High? Read
Free Trend Analysis
Late Thursday, Google Inc reported higher revenue growth with
the acquisition and integration of Motorola Mobility Holdings, Inc. (Motorola)
on May 22, 2012.
The Company consolidated revenue was up 35% yoy to $12.21
billion and on a standalone basis Google’s revenue is up 21% yoy to $10.96
billion. Total TAC comprised 25% of the advertising revenue at $2.60 billion.
Google site revenue was $7.54 billion or 69% of the standalone Google revenue.
Motorola revenues were $1.25 billion ($843 million from the
mobile segment and $407 million from the home segment), or 10% of consolidated
revenues in the second quarter of 2012.
Is Technical
Suggesting A Buy on GOOG, Get Trend
Analysis
Operating Income after adjusting for the revenues and costs
related to Motorola acquisition was $3.988 billion as compared to $3.316
billion reported in the same period in prior year,. implying operating margin
of 32%. Motorola on other hand had reported operating loss of $38 million after
adjusting for one time items.
GAAP net income earned by the search engine was $2.79
billion in the reported quarter as compared to $2.51 billion in the prior
quarter. Non GAAP income was $3.35 billion as compared to $2.85 billion
reported in the March quarter. Earning per share in the second quarter of 2012
was $8.42 while non GAAP earning per share was $10.12 per diluted share.
Total stock based compensation reported in quarter was $565
million with a $135 million of benefit attached with it. Google ended the
quarter with $4.25 billion of operating cash flow.
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