Google

Google's Q2 2013 earnings are in, and the earnings call itself is just minutes away. The big strokes:

  • Revenue was up 19 percent over the second quarter of 2012 at $14.11 billion.
  • On the advertising side, cost per click fell about 6 percent over Q2 2012.
  • Motorola saw $998 million in revenue but still had an operating loss of $342 million.
  • Google reported $54.4 billion in cash on hand.
  • Headcount fell from 53,891 as of March 31 to 44,777 as of June 30.

Google's stock closed Thursday at 910.68, down 7.87.

Be sure to join us for the earnings call and live chat!

More: Google Q2 earnings report

 
There are 17 comments

jwyche007 says:

INB4WALLSTREETPANICKS

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mzanette says:

Too late stock tanking in after hours trading down almost 6%

Diskoman says:

That's called profit taking, not "tanking". Look for the stock to be up by Monday's close.

still1 says:

Not bad. if they could turn around motorola to profit it would be more awesome.
hoping for Moto X and Droid

decypher44 says:

Ouch! Big headcount reduction.

still1 says:

that's 7000 employees of Motorola Home division they sold to Arris

Eclectech says:

Oh

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jwyche007 says:

To be honest it doesn't matter what they announce. Their stock was going to lose some value no matter what, that being said I'm sure the event next week will bring it back up in no time.

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NoNexus says:

Your right but the adwords revenue being down is a bit disconcerting...

hodan says:

Cost per click declined, I didn't see that AdWords revenue declined.

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NoNexus says:

Sorry I mispoke, when I was doing ecommerce, AdWords was directly related to CPC, thought it still was...

return_0 says:

Where did you see that?

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coaxjim says:

If the 'New' Play Store is an indication of where they are heading, time to sell their shares.

NoNexus says:

Said no one ever

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coaxjim says:

???

Hunter Petit says:

This is still pretty darn good!

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toddjy says:

Far as I'm concerned, increase in revenue is never a good thing. That's money that's coming out of our pockets, one way or another.

And a loss of over 9,000 jobs is never a good thing, especially in this economy. It's usually the little guys, while the big guys who are running the company into the ground (not saying Google is) are getting bigger paychecks.

And Motorola still losing money. A company getting closer and closer to bankruptcy means lots of people out of jobs. Hey, I got an idea: cut some jobs, starting with the guys at the top.