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Revenue Rises at Google but Profit Misses Forecasts

Thursday, April 14, 2011

SAN FRANCISCO— Google got off to a mixed start under its new chief executive, co-founder Larry Page, as first-quarter revenue increased 27 percent while profit fell short of analyst expectations.
Google reported that net income in the quarter rose 17 percent to $2.3 billion, or $7.04 cents a share, from $1.96 billion, or $6.06 a share in the year-ago quarter.
The company said revenue climbed to $8.58 billion from $6.77 billion.
Google’s adjusted income of

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