Google earns $2.79 billion in Q2, stock bumps up after hours
Following the closure of the Motorola Mobility deal, Google did pretty well for the second quarter of 2012.
The Internet giant reported second quarter earnings of $2.79 billion, or $8.42 a share, on revenue of $9.61 billion excluding traffic acquisition costs. Non-GAAP earnings came in at $10.12 a share (statement).
Including traffic acquisition costs Google revenue for the quarter was $12.21 billion. TAC totaled $2.60 billion.
Wall Street was looking for second quarter earnings of $10.04 a share on revenue of $8.41 billion, excluding traffic acquisition costs.
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