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Revenue Rises at Google but Profit Misses Forecasts, and Analysts Point to Spending

Thursday, April 14, 2011

Not that Mr. Page felt the need to explain. He stayed only a few minutes on a conference call with the analysts and left before taking their questions.
“Maybe he doesn’t want to do it every quarter, but there was nothing meaningful,” said Colin Gillis, an analyst with BGC Financial.
The company reported that first-quarter revenue increased 27 percent. While profits were also up, they fell short of analysts’ predictions. “We’ve had a tremendous quarter,” Mr. Page

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