2015-07-16

Google Q2 2015 Earnings Conference Call, Webcast, July 16th, Replay

UPDATE: see Google Alphabet A Signal To Sell OR Short $GOOG and $GOOGL shares?


Google Co-Founders $8 Billion Richer on Google Shares Surge (Bloomberg video above)
UPDATE: Friday, July 17, 2015 -- Google co-founders Larry Page and Sergey Brin added almost $4 billion each to their individual fortunes Friday as shares of the Internet search giant surged (see 5-day chart below). Bloomberg's Julie Hyman reports on “Bloomberg Markets.” (Source: Bloomberg)

5 day chart of Google Class A stock
Google shares surged Friday, July 17, after earnings reported yesterday (see UPDATE below)
GOOGLE Class A closed at $699.62  a record one-day gain today (chart source: google.com)
UPDATE: (July 17, 2015) Bloomberg reports Google (NASDAQ: GOOGGOOGL) on Friday added a new all-time record $65 Billion to its stock market capitalization in one day (the previous record holder was Apple which added $46.4 billion to its stock market cap in April 2012). Google shares are up about 26 percent in five days which is the biggest one-week gain since its original IPO.


LIVE (Replay) Webcast Q2 2015 Earnings Conference Call, July 16, 4:30 pm EDT (US)
Slides: https://investor.google.com/pdf/2015Q2_google_earnings_slides.pdf
Featuring: Ruth Porat, CFO, and Omid Kordestani, Chief Business Officer

Google Inc. (NASDAQ: GOOG, GOOGL) held its quarterly conference call to discuss second quarter 2015 financial results on Thursday, July 16th at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). The live webcast of Google’s earnings conference call above can also be accessed at investor.google.com/webcast.html.
  • Revenues of $17.7 billion and revenue growth of 11% year over year; constant currency revenue growth of 18% year over year
  • Strong performance of core search business, particularly mobile, complemented by growth in YouTube and Programmatic Advertising
  • GAAP and non-GAAP operating income grew 13% and 16%, respectively, year over year
  • GAAP diluted EPS for Class A and B common stock and Class C capital stock of $4.93 and $6.43, respectively, and non-GAAP diluted EPS of $6.99
  • Strong operating cash flow of $7.0 billion
MOUNTAIN VIEW, Calif. – July 16, 2015 – Google Inc. today announced financial results for the quarter ended June 30, 2015.

“Our strong Q2 results reflect continued growth across the breadth of our products, most notably core search, where mobile stood out, as well as YouTube and programmatic advertising”, said Ruth Porat, CFO of Google. “We are focused every day on developing big new opportunities across a wide range of businesses. We will do so with great care regarding resource allocation.”
Google Investor Relations website: investor.google.com


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