Google Beats Estimates. Stock Surges.

Google's fourth quarter results exceed Wall Street expectations and the stock surges upward in after hours trading. At the close of the bell the stock was down $3.72 or 1.90%. Then came the good news. Google reported revenues of just over $1 billion, up more than 100% from a year ago. Net income came in at $204 million, or a 650% increase from a year ago. Currently at 1:40 p.m. PST, the stock has surged in after hours trading 4.39% or $8.43 to just over $200 a share.

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