Google results beat expectations, shares rise


Google Inc. (NASDAQ: GOOG) posted its strongest sequential revenue growth in more than a year, outpacing Wall Street expectations as the Internet search advertising business showed signs of recovery from the global recession.

Shares of Google, which have risen nearly 15 percent in recent weeks, rose 2.1 percent.

The world's No. 1 search engine said sales in the third quarter totaled $5.94 billion, up from $5.52 billion in the second quarter and $5.54 billion in the year-earlier period.

Originally published