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IPO Story
Google Reports Explosive Quarterly Ahead of IPO Jeffrey R. Hirschkorn, Senior IPO Analyst, Aug. 16, 2004 Providing some pre-IPO fireworks for Google (proposed: GOOG) was its latest quarterly filing with regulators earlier today. Information contained in the 10-Q, by which Google reported for the three months ended June 30, reflected substantial gains in revenues and earnings. For the quarter ended June 30, sales for the �Net search engine came in at $700 million on net income of $79 million, compared with revenues of $312 million on profits of $32 million in the same period last year. Comprehensive analysis of the Google IPO, including prognostications and questionable practices by the firm�s founders, will be published by my esteemed colleague Tom Taulli by Tuesday. Sources tell us that Google's shares could debut by Wednesday. E-mail: jeffh@currentofferings.com. |
