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Google beats analysts' expectations: turnover +12% in the third quarter

Supporting the numbers of the Mountain View giant was the increase in the demand for advertising to be transmitted via smartphone, which offset the drop in advertising costs – On Wall Street, the stock closed the session down by 1,03% , but in the afterhours it soared, gaining more than 7%.

Google beats analysts' expectations: turnover +12% in the third quarter

Google exceeds analyst forecasts in the third quarter, closed with a 14,89 billions of dollars turnoverin growth of 12% every year. If we exclude the revenues of the partner sites, the turnover amounts to 11,92 billion dollars, against the 11,7 expected by the market.

As for the to evaluateGoogle posted profits of $2,97 billion ($8,75 per share) for the same period, compared with $2,18 billion in the third quarter of 2012 ($6,53 per share). After exceptional expenses, earnings were $10,74 a share versus analyst estimates of $10,36 a share.

To support the numbers of the Mountain View giant was the increase of advertising request to be broadcast via smartphone, which compensated for the drop in advertising costs. On Wall Street the title it closed the session down by 1,03%, but in the afterhours it soared, gaining more than 7%.

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