Google did not have a good day on Thursday: Its stock plunged when its unexpectedly dismal third-quarter earnings became public. Then, there was the matter of how exactly they became public. Google’s financial printer, R.R. Donnelley, reportedly posted the earnings report to the Securities and Exchange Commission website without Google’s final approval. Clearly the statement was not ready for prime time: A line at the top states “pending Larry’s quote.”
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Google's Q3 Report Arrives Early, Puny and Naked
Posted by: Erika Morphy October 18, 2012 04:16 PMGoogle did not have a good day on Thursday: Its stock plunged when its unexpectedly dismal third-quarter earnings became public. Then, there was the matter of how exactly they became public. Google’s financial printer, R.R. Donnelley, reportedly posted the earnings report to the Securities and Exchange Commission website without Google’s final approval. Clearly the statement was not ready for prime time: A line at the top states “pending Larry’s quote.”