From Briefing.com
Reports Q3 (Sep) earnings of $9.72 per share, excluding non-recurring items, $0.95 better than the Capital IQ Consensus Estimate of $8.77; net rev (subtracting traffic acquisition costs -- TAC) rose 37% YoY to $7.51 bln vs. the $7.21 bln consensus; gross revs rose 33.4% year/year to $9.72 bln vs the $9.45 bln consensus. Aggregate paid clicks, which include clicks related to ads served on Google sites and the sites of our AdSense partners, increased ~28% over the third quarter of 2010 and increased ~13% over the second quarter of 2011. Average cost-per-click, which includes clicks related to ads served on Google sites and the sites of our AdSense partners, increased ~5% over the third quarter of 2010 and decreased ~5% over the second quarter of 2011. Operating expenses, other than cost of revenues, were $3.28 billion in 3Q11, or 34% of revenues, compared to $2.19 billion in the third quarter of 2010, or 30% of revenues. As of Sept 30, 2011, cash, cash equivalents, and short-term marketable securities were $42.6 bln. On a worldwide basis, Google employed 31,353 full-time employees as of September 30, 2011, up from 28,768 full-time employees as of June 30, 2011. Google+ is now open to everyone and we just passed the 40 mln user mark.
Sold my position afterhours, nice 10% profit overall.
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