
SAN FRANCISCO -- Google Inc.'s second-quarter profit climbed 28 percent, but it wasn't enough to fulfill Wall Street's high expectations for the Internet's search leader.
Investors quickly expressed their dismay, causing Google shares to plunge by nearly 8 percent after the results were released Thursday.
If not for costs associated with employee stock compensation, Google said it would have earned $3.56 per share. That figure missed the average analyst estimate of $3.59 per share among analysts polled by Thomson Financial.
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