Google this afternoon released its Q4 2013 earnings report, posting revenue of $16.86 billion and EPS of $12.01.
Google this afternoon released its Q4 2013 earnings report, posting revenue of $16.86 billion and EPS of $12.01. All in all, that’s rather impressive, and certainly an upward tick from its quarterly results during the same period a year ago. However, Google’s earnings did fall far short of what the folks on Wall Street were anticipating, with the consensus calling for EPS of $12.26.
Nonetheless, shares of Google are up more than 2.5% in after-hours trading.
“We ended 2013 with another great quarter of momentum and growth. Google’s standalone revenue was up 22% year on year, at $15.7 billion,” Google CEO Larry Page said in a press release. “We made great progress across a wide range of product improvements and business goals. I’m also very excited about improving people’s lives even more with continued hard work on our user experiences.”
All told, it seems like another stellar quarter from Google, with year-over-year revenue up 17%.
Notably, Motorola Mobility lost $384 million during the most recent quarter. Certainly, Google isn’t going to be missing it too much.
Google’s earnings conference call is underway, so we can expect a slew of interesting tidbits shortly…
