Google revenues topped $10 billion for the fourth quarter in a row, up from the $12.2 billion reported in Q2 2012. The Q3 2012 $14.10 billion in revenue is another new record and reflects a 45 percent increase over the same quarter last year.
Though the release typically publishes on Google’s Investors site 30 minutes before their earnings call, some sort of slip up has resulted in its landing on the SEC website far earlier in the day than usual.
TechCrunch obtained a statement from Google that points to financial printer PR Donnelly as the source of the leak. They saw a 9 percent drop in Google stock value since the report surfaced and have ceased trading activity until the earnings call. The Google spokesperson said:
Earlier this morning RR Donnelley, the financial printer, informed us that they had filed our draft 8K earnings statement without authorization. We have ceased trading on NASDAQ while we work to finalize the document. Once it’s finalized we will release our earnings, resume trading on NASDAQ and hold our earnings call as normal at 1:30 PM PT.
Trading ceased at 12:50 p.m. EST. Stay tuned for full details on Google’s financial earnings from Q3 2012.
Related reading
5 most interesting search marketing news stories of the week
Welcome to our weekly round-up of all the latest news and research from the world of search marketing and beyond.
The 4 scariest online marketing disasters and how to avoid them
As marketers, CEOs and managers we deal with too many fears daily: We have too many disasters to avoid. Let this article serve as a checklist to help you avoid some of the most unfortunate and embarrassing online marketing disasters.
Should Google be more transparent with its updates?
Most of Google's algorithm updates nowadays are unconfirmed and unannounced, leaving website owners and SEOs guessing as to what caused a change in ranking and what they can do to fix it. Does Google owe it to its users to be more transparent?
How well do you know Search Engine Watch? The SEW Friday quiz
Following the success of our previous Easter trivia quiz, we decided to mix it up again this Friday with another quiz - this time testing how well you've been paying attention to the content we've been publishing on Search Engine Watch this week.
