It’s that time again — Google’s fiscal second quarter earnings have just crossed the wires and they’re definitely not what most people expected.
For Q2 2013, the company reported consolidated revenue of $14.1 billion (that’s up 19 percent from the year-ago quarter), net income of $3.23 billion, and non-GAAP earnings per share of $9.56
In the days leading up the release, analysts expected the web giant to post some strong numbers — the consensus estimates according to Yahoo Finance pegged the company as posting non-GAAP earnings of $10.78 per share and $14.42 billion in revenue, both figures that Google couldn’t quite live up to this time around. If there’s anything close to a silver lining there, it’s that analysts were hoping to see Google’s revenue jump at least 20% year-over-year, and the company only missed that by about 1%.
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