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Google whiffs again in Q2 2014 earnings but beats on revenue expectations

18
Jul
2014

Google on Thursday reported adjusted earnings of $6.08 per share on revenues of $15.96 billion, which missed the consensus estimate of earnings of $6.24 per share while beating the consensus estimate of revenues of $12.32 billion. The past quarter was a very busy one for the search giant, which unveiled its new Android L platform that features a completely new user interface design, as well as Android Wear, its first attempt at making a platform for wearable computers. Aside from the big EPS and revenue figures, Google also saw its cost-per-click — a key metric used to determine how much money Google can charge for advertisements — decline by 6% year-over-year from Q2 2013. This is actually an improvement from the last quarter when

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