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    Wednesday, August 18, 2004

    Google Lowers Offering Range
    Google has lowered the company's estimated offering price, down from an earlier $135 a share, to between $85.00 and $95.00 a share, as it has concluded the unusual bidding process on its IPO shares. It also released its quarterly results ending June 30, and reported earnings of $79M on revenues of $700.2M. The company is expected to sell its stock any day now, as it works through the final hurdles in paperwork with the SEC.
    posted on Wednesday, August 18, 2004

    Related companies:
    Google

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