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Monday, April 21, 2008

Fexon Technology Ltd: Google first quarter revenue rose 42 percent profit growth 30%

Fexon Technology Ltd reports: Google first quarter of the profits than the same period last year, an increase of 30% over analyst estimates. Google's financial report shows that the Internet advertising market remain strong.

Financial report shows that in the first three months of this year, Google realized profit of 1.31 billion US dollars, about 4.12 US dollars earnings per share, Google access to the same period last year profit of 10 billion dollars, earnings per share 3.18 US dollars.

If not paid shares to staff costs, a quarter of Google earnings per share 4.84 US dollars higher than analysts expected, the market research firm Thomson Financial analysts, on average, expected Google a quarter earnings per share 4.52 US dollars.

Google's first quarter sales than the same period last year, 3.66 billion US dollars increased by 42% to 5.19 billion US dollars. In less to the company's advertising partner commissioned paid, Google's revenue for the first quarter of 3.7 billion US dollars more than analysts expected, analysts expect Google revenues in the first quarter 3.6 billion US dollars.

In that report before the normal financial transactions, Google shares dropped 5.49 US dollars to close at 449.54 US dollars per share, in after-hours trading shares rose 51.46 US dollars, a gain of 11.5%.(
Fexon Technology Ltd)

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