Ron Burgundy Posted April 16, 2014 Share Posted April 16, 2014 By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc's first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, pushing its shares sharply lower. Shares of Google were down 5.7 percent at $525 in after-hours trading on Wednesday. The number of "paid clicks" by consumers on Google's ads increased by 26 percent in the first quarter, disappointing some analysts that had hoped for stronger volume growth. "It's an average quarter from a great company," said BGC Partners analyst Colin Gillis. View the full article Quote Link to comment Share on other sites More sharing options...
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