Google's third quarter results miss analysts' forecasts
Technology giant Google saw third quarter net income fall 5.4% to $2.81bn or $4.09 a share, from $2.97bn in the year earlier period.
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12:50 08/10/24
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Excluding some items its earnings per share came in at $6.35, well below the $6.53 expected by analysts.
Revenues excluding sales passed on to partners came in at $13.2bn, just as expected.
For some observers, the company is finding it hard to maintain its profitability as it moves into emerging markets and the mobile space.
As of 21:27 the stock was down 2.9% at $509.3.