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Google Stock Hits All-Time High, Surpassing $1K

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Google released its quarterly earnings on Thursday, beating Wall Street expectations.

Revenues were up 12% year-over-year, hitting nearly $15 billion. GAAP EPS were $8.75 on 339 million diluted shares outstanding, compared to $6.53 in the same quarter last year. Non-GAAP EPS were $10.74, compared to $8.87 last year.

You can see the full earnings statement here.

The report shot Google’s shares up to a new high, surpassing $1,000 for the first time.

As of the time of this writing, shares are at $1,002.12 (+113.33, 12.75%).

Google Stock

That’s pretty impressive considering that Google stock reached an all-time high earlier this year when it surpassed $800. That was after hitting a record high of around $750 just a few months before that.

Image: Google

Google Stock Hits All-Time High, Surpassing $1K
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