What makes Google's outperformance even more impressive is that it came during a year when the overall market revenue rose at an impressive double-digit percentage following a slowdown in 2009. Everyone is saying it: U.S.
Revenues came in at $184.7 million, up 39.8% from Q4 2008. Most revenues were related to online advertising. Chinese search company Baidu posted Q42009 earnings yesterday afternoon. Net income was $62.7 million, up 48.2% year-over-year.
Total revenue came in at $809.7 million, down from $974.2 million in Q4 2008, a 17% drop. Ad revenues came in at $471.6 million, declining $512.5 million year-over-year, an 8% drop. Wall Street rewards the unexpected.
Adjusted Net Income was $2.0 million, an increase of 49% over Q3 which came in at $1.3 million. Local search site Local.com reported their Q42009 earnings today. Revenues of $16.4 million an increase of 8% over the Q3 2009 revenue of $15.1 million.
Revenues came in at $135.8 million and were up 12% compared to Q4 2008. After all, that aforementioned 600% came the summer of the 2008 Olympics. Sohu reported its Q42009 earnings this morning and the news is good for the Chinese Internet portal.
Revenues improved over the previous quarter, but came in at a 5% loss year-over-year. Specifically, online revenues for Q2 came in at $581 million, compared to $609 million the year prior. Q2 losses came in at $466 million compared with $320...
Revenues came in at $1.7 billion, which was down 4% compared to a year ago but up 10% compared to the third quarter. Income came in at $119 million, compared to a *loss* of $278 million in Q4 2008. Net income diluted per share came in at $0.11.
Not counting several write-downs for underperforming assets, adjusted net income came in at $265.5 million for the year, . Today's Top Story: JustilienGaspard Integrating Marketing Campaigns with Link Development SEW EXPERTS: PROMOTION & LINK...