Thursday, October 18, 2012

Google To Resume Trading At 3:20 ET, Posts Its Official Earnings Release

largeNewGoogleLogoFinalFlat-aGoogle will resume trading at 3:20 PM EDT, reports Reuters.?Google accidentally posted its Q3 2012 earnings earlier than expected today, thanks to a leaked?SEC document. The company blamed financial printer?RR Donnelley?for the mistake. Now the official earnings report has been?released, and nothing much has changed - besides the addition of Larry's quote, that is.?The document showed Google reporting $14.10 billion in revenue and EPS of $6.53, which missed most analyst predictions?- they?were expecting $14.7 billion in revenue. The stock quickly began to tank, going down around 9% by the time trading was halted at 12:50 pm EDT.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Cme-Ht0cXHs/

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