(Bloomberg) -- Google Inc. fell in extended U.S.
trading after the owner of the world's most-popular Internet
search engine said second-quarter profit rose 28 percent, less
than analysts estimated, on slower sales growth.
Shares of Mountain View, California-based Google dropped
$38.57, or 7 percent, to $510.02 at 6:03 p.m. New York time.
Excluding stock-based compensation costs, profit was $3.56 a
share, missing the average estimate of $3.57 in a Bloomberg
survey of analysts.
Read more at Bloomberg Stocks News
trading after the owner of the world's most-popular Internet
search engine said second-quarter profit rose 28 percent, less
than analysts estimated, on slower sales growth.
Shares of Mountain View, California-based Google dropped
$38.57, or 7 percent, to $510.02 at 6:03 p.m. New York time.
Excluding stock-based compensation costs, profit was $3.56 a
share, missing the average estimate of $3.57 in a Bloomberg
survey of analysts.
Read more at Bloomberg Stocks News
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