Google's 1Q reassures investors despite earnings miss

April 23, 2015 11:22 PM

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Google is still flexing its moneymaking muscle even as a technological upheaval nibbles at its dominance in Internet search and European antitrust regulators question some of the company's practices.

Google's first-quarter earnings rose 4 percent from last year to $3.6 billion as the company's Internet-leading advertising network lifted revenue by 14 percent to $17.3 billion. After accounting adjustments, Google said it would have earned $6.57 per share, four cents below the estimates among anal...

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