Friday, April 18, 2008

Google earnings first quarter 2008 - part 2

Google jumped $100 after a sensational beat. Net cash from operating activities was $1.78 billion up from $1.69 billion in the fourth quarter of 2007. Total revenue was$5.19 billion up from $4.83 billion in the fourth quarter. Net cash flow as a percentage of total revenue was stable at 34% (rounded) in the first quarter. Net cash flow as a percentage of advertising revenue was 35% in the first quarter of 2008. There was no breakout of advertising revenue in the fourth quarter of 2007.

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