Google on Thursday reported earnings of $6.35 per share on revenues of $13.2 billion, thus missing the consensus estimate of earnings of $6.53 per share on revenues of $13.22 billion. That’s not the only bad news for the company either: Google also reported that its cost-per-click — a key metric used to determine how much money Google can charge for advertisements — declined by around 2% year-over-year from Q3 2013. Nonetheless, this was actually better than what Wall Street was expecting, as the consensus estimate was that cost-per-click on the quarter would decline by 4% year-over-year.
Google posts solid Q3 earnings, still misses expectations
Updated Oct 16th, 2014 4:14PM EDT
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Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.
