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Google Sees 29 Percent Growth over Last Quarter

Google reported another blow-out-the-estimates quarter, growing 28 percent over the previous quarter, a growth rate about one and a half times the size of Yahoo's. Compared to the year before, Google's profits rose by about seven times to $204 million for the quarter from revenues of just over $1 billion. Subtracting commissions for traffic, its revenues were $653.5 million and before taking into account adjustments for stock compensation, profits would have been 92 cents a share about 20 percent higher than analysts said they had predicted.

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