GOOG盘后ER暴涨，
Internet giant Google Inc.'s revenues took a big hit during the second quarter from foreign exchange.
The company reported that its second-quarter revenues of $17.7 billion would have been $1.1 billion higher without the currency impact.
Google's revenues were actually roughly $1.6 billion lower because of currency conversion, but that number was offset by $471 million in gains from the company's hedging program.
The second-quarter earnings call was the first led by Google's new chief financial officer, Ruth Porat, who took over the position from Patrick Pichette in May.
During the call, Ms. Porat, a former Morgan Stanley investment banker and finance chief, said that she would be "very engaged" with the sprawling tech company's many business unit heads to come up with a 2016 budget. The company's management has recently been criticized by analysts for its profligate spending, and Ms. Porat said that she expense discipline would be important, but revenue growth was the priority.
"That's not inconsistent with expense management," she added.
Google's capital expenditures fell to $2.5 billion during the quarter, down 14% from the prior quarter. But Ms. Porat said during the call that the past three months marked "a bit of a digestion period" for the company.
But, as The Wall Street Journal's live blog of the earnings call noted, Ms. Porat didn't commit to saying the company is on a long-term digestion period. She said the "cadence of spend" can vary, suggesting that expenses could ebb and flow in coming quarters. |
发表于 2015-7-16 19:11
| 