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
The middle ground for single keyword ad groups (SKAGs)
SKAGs is the practice of placing single keywords in an ad group. With Google’s user intent evolution, is it still worth it?
Five ways blockchain will impact search marketing
Five major ways blockchain will impact search marketing, and how advertising professionals are already beginning to master this disruptive technology.
New visual search innovations tap human emotions and biological buying triggers
Shopping on social media channels is spreading quickly as the next big thing. The rise of visual search is powered by people’s desire to discover brands.
Kenshoo Trends Report – The state of search advertising in 2019
The search industry's interest goes beyond Google, Apple Search Ads' on the rise. Kenshoo reveals insights and key stats on social and search advertising.
