LIVE: Google's First-Quarter Earnings: Revenues Down, Profits Beat Forecasts, Investors YawnRob Hof
Google’s first-quarter earnings are out, and while it managed to beat profit expectations thanks to cost-cutting, revenues were down 3% from the fourth quarter, about what analysts had forecast. From a year ago, sales were up only 6% thanks to what was by all accounts a pretty awful quarter for the entire economy.
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