Google had a 96% increase over third quarter 2004 and Yahoo posted a 47% increase. Google was at $1.578 billion and Yahoo was at $1.33 billion.


Google and Yahoo have announced third quarter earnings and have recorded an intense increase compared to third quarter 2004.

Google surpassed analysts expectations and recorded a 96% increase. Yahoo recorded 47% increase.

Google revenues for 2005 third quarter: $1.578 billion
Google revenues for 2004 third quarter: $806 million
Google revenues for 2005 second quarter: $1.384 billion

Google CEO Eric Schmidt said during an interview, “We surprised ourselves this quarter. Business was much stronger than I expected”. [source]

Yahoo revenues for 2005 third quarter: $1.33 billion
Yahoo revenues for 2005 second quarter: $932 million

Andrew Goodman has analyzed Google’s performance. He has said, “To be clear, Google’s great Q3 result keeps them on the same track that they’ve been on since they designed a great search engine that the world wanted to use, and a better ad program that screamed scalability.

What they’ve done is realize the full extent of that earnings potential quickly, meaning, in essence, that the company’s performance will allow it to “grow into” its stock price more quickly than expected”. [source]

Mark Mahaney, an analyst at Citigroup, has analyzed Yahoo’s performance. “Even as its revenue soars, Yahoo faces hurdles, analysts say. For one, it needs to improve its search engine to better compete with Google. That could take time, says Mark Mahaney, an analyst at Citigroup. “They really need to fix the search engine, and that seems like that’s a March quarter event,” he said.” [source]

 

 

 

 

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