LOGO
LOGO

Google Continues To Show Weakness In Pre-Market On Quarterly Results

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Google Inc. (GOOG) is continuing to show weakness during pre-market trading on Friday following the release of worse-than-expected quarterly results.

At 8:55 am ET the stock is trading at $496.81 down $36.36 from Thursday's close.

With the decline, the stock stands to open below support and at its lowest level since mid-April.

The company reported quarterly net income of $1.25 billion, or $3.92 per share, compared to $925.12 million, or $2.93 per share, in the same quarter last year.

Non-GAAP net income for the quarter was $1.47 billion, or $4.63 per share, compared to $1.12 billion, or $3.56 per share, in the year-ago quarter.

On average, 30 analysts polled by First Call/Thomson Financial expected earnings of $4.74 per share.

Revenues for the quarter rose to $5.37 billion from $3.87 billion in the comparable quarter a year-ago.

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19