Google's earnings release fiasco

Tom Paine


Follow @phillytechnews

Google's stock is still in a strange hiatus today, after RR Donnelley mistakenly sent
a premature filing to the SEC containing Google's disappointing quarterly earnings release. The original report, which never sent out over the wires, can be seen here. The official release is now out, with the once pending quote from Larry Page now included.

Trading was halted after the premature release with the shares down 9%; it is set to resume at 3:20.

In a locally related note, the Horsham-based Motorola Home unit reported a loss of $22 million on revenue of $797 million. This compares to year-ago results of a $54 million profit on revenue of $825 million.

There have been widespread reports that Google has placed Motorola Home on the market.



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