Google‘s third-quarter earnings report leaked four hours early Thursday afternoon. The earnings, which missed Wall Street’s expectations, sent the stock down more than 8% before trading was halted. Google said R.R. Donnelley, its filing agent, is to blame.
Earnings were $9.03 a share on $11.33 billion in revenue, missing expectations of $10.63 a share on revenue of $11.86 billion. Profits took a 20% dip due to costs related to the acquisition of Motorola and Android development. Google’s paid clicks were up 33% year-over-year, but cost-per-clicks revenue declined 15% from the year previous.
Numbers are one thing, but the data is much easier to take in visually, which you can do in the Statista graphic below. What do you make of Google’s less-than-stellar third quarter? Share your thoughts in the comments.