Friday, April 15, 2011

Ahead of the Bell: Google's first-quarter earnings

Larry Page is expected to make his first public remarks since returning to his original job as Google Inc.'s CEO when the Internet search leader releases its first-quarter earnings Thursday.

The results, due out after the stock market closes, could be upstaged by Page's commentary and demeanor in management's conference call with analysts.

Google delivered a stellar fourth-quarter performance in late January, but that showing quickly became an afterthought because the numbers were released in conjunction with the company's surprising announcement that Page would replace Eric Schmidt as CEO.

The change of command was completed last week. Schmidt is now Google's executive chairman after a decade as CEO.

Although Page is one of the co-founders who invented the search engine that turned Google into the Internet's most profitable company, there is still a fair amount of anxiety about how he intends to run the company.


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