From InfoWorld: Google's stock jumped more than 7 percent in the after-market hours on Thursday, after the company reported strong earnings results for the second quarter.
Total income for the period ended June 30 was $3.93 billion, up 17 percent from $3.35 billion in the second quarter of 2014, Google announced Thursday. Excluding certain expenses, Google reported earnings of $6.99, beating analysts' estimates of $6.71, as polled by the Thomson Financial Network.
The company's stock was trading at around $620 after Google reported its earnings at the end of trading, up from closing at $579.
Still, Google's growth has been slowing.
Advances in the Internet giant's crucial advertising sales have taken a hit the last few quarters. Revenue is still growing, but at a slower rate than in years past, as the company has made new investments in ambitious "moon shot" projects like self-driving cars and Internet balloons in the stratosphere.
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