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January 31, 2007 8:32 AM
Google Earnings Preview
Google reports earnings today.
Bear Sterns sent me an earnings note which declares:
Strong Paid Search Growth and International Market Share Gain Reaffirm Positive Outlook
· Paid Search Data Indicate Strength for Google. comScore released the December domestic paid search data yesterday. Google.com had 1.27B sponsored clicks in 4Q06, or a YoY growth of 63%. On a sequential basis, Google.com grew sponsored clicks by 22%. We think the solid sponsored clicks data reaffirm our positive outlook for the quarter. We are projecting $2.22B for Google's 4Q06 total net revenues, or a 71.9% YoY and 18.9% Q/Q growth.
I will be on a plane for the earnings call, so I'll ask you all to let me know how it went in comments. I can only imagine another crushing quarter. With the leverage Google has, it strikes me the real danger is knowing when to pull back.
Earnings call webcast will be here.
- Posted by John Battelle on January 31, 2007 8:32 AM
remember this »- Sphere It
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