Quarterly Profit of Google Falls Short Of Some Estimates

Google

Google profit rose nearly 37 percent in the first quarter of this year, slightly better than consensus estimate but falling short of some analysts’ higher expectations as reported by Google Inc. on Thursday.

First quarter ended on March 31,Google earned 1.96 billion U.S. dollars or 6.06 dollars a share, compared with 1.42 billion dollars or 4.49 dollars a share in the year-ago period.