Google's revenues rose to $10.65 billion in the first quarter of 2012, resulting in net income of $2.89 billion, or $8.75 per share, the company announced after market close today. The revenue number represents a 24% increase over the year-ago period. Additionally, the board of directors proposed the creation of a new class of non-voting shares -- to be distributed as a dividend to all current shareholders -- effectively resulting in an two for one stock split.
"We had a very strong quarter," said CEO Larry Page on a conference call with press and analysts, "Since becoming CEO again, I have [...]
Related Topics: Google: Business Issues | Top News
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