April 14, 2011

GOOG EPS miss - Shares down in AH

Internet search leader GOOG reported earnings. Revenue was better at $8.58 Billion. Net revenue was also better than expectations at $6.54 billion. Adjusted EPS was slightly below expectations but the stock is getting hammered in After market (down 4.7%) [Nasdaq AH] with over 700,000 shares changing hands already.

CSCO, AKAM are also down, but IBM is up slightly.

Some numbers were cross checked with business insider.

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