SAN FRANCISCO - Google Inc.'s second-quarter profit more than doubled, maintaining the Internet search leader's penchant for topping analysts' high expectations and further underscoring the advantage the company has built over its chief rivals.
The Mountain View, Calif.-based company said Thursday that it earned $721.1 million, or $2.33 per share, during the three months ended in June. That compared with net income of $342.8 million, or $1.19 per share, at the same time last year.
Excluding expenses for employee stock compensation and several other one-time items, Google said it would have earned $2.49 per share - well above the average estimate of $2.22 per share among …
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