Google accidentally released its financial results for Google trading hours yesterday, the plunging share price. After 2h 30 of suspension, as the firm closed in fuck 8%.
The results of financial Google were sent yesterday by mistake full trading day while they are usually distributed outside the sessions transactions.These data revealed a quarterly profit down 20% to 2.176 billion dollars. Adjusted earnings per share is therefore $ 9.03, a dollar below market expectations, which was 10.65 dollars. Turnover is meanwhile up 45% to $ 14.1 billion, which is higher than the expected $ 11.86 billion by the market.
These figures reflect the impact of the acquisition of Motorola Mobiilty whose charges contribute to increase the turnover but is also stopping its profit margin because it has generated a loss of $ 527 million. The result of this inadvertent disclosure is a loss in market capitalization of more than $ 20 billion and the share price decline to 9.1% in less than an hour. After 2:30 suspension of trading, Google finally close at 8%. This sudden publication would be a mistake of the printer from Google, RR Donnelly, who have transmitted the document too early gendarme U.S. stock (SEC). Listing, as RR Donnelly fell 0.8% to 10.76 dollars.
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