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Google Shares Rise After Hours Following Q2 Results


Google shares were rising in after hour trading on the back of the announcement of second-quarter results Thursday. The tech giant fell below Thomson Reuters analyst expectations of $6.24 EPS reporting $6.08 EPS for the second quarter. The Mountain View, Calif.-based company reported $15.96 billion revenue up from $14.1 billion in the second quarter last year. Google sites revenue grew to $10.9 billion up 23% from the second quarter. Google announced a change in management with Chief Business Officer Nikesh Arora leaving Google after almost a decade with the company to become Vice Chairman of Softbank. TheStreet's Kathryn Mykelseth reports from New York.