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Google profit soars; company to create new class of nonvoting shares

SAN FRANCISCO (MarketWatch)
Google Inc. on Thursday reported a first-quarter profit of $2.89 billion, or $8.75 a share, compared with a profit of $1.8 billion, or $5.51 a share, for the year-earlier period
Revenue was $10.65 billion, up from $8.58 billion
Adjusted revenue, minus total acquisition costs, was $8.14 billion
Adjusted profit was $10.08 a share
Analysts were expecting a profit of $9.64 a share, on revenue of $8.1 billion, according to a consensus survey by FactSet Research

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