“I’m sorry for the scramble earlier today,” he said during an earnings call.
The search giant had planned to release its third-quarter results after Wall Street’s closing bell on Thursday. Instead, they appeared on the Securities and Exchange Commission website shortly after 12:30 p.m. ET. The press release said, “PENDING LARRY QUOTE,” which presumably refers to Google CEO Larry Page. The Wall Street Journal got a screenshot of the release:
Google’s third-quarter earnings fell short of analysts’ expectations as earnings fell 20 percent from a year earlier, reports The Wall Street Journal. As a result, its shares dropped as much as 11 percent, to $676, but regained ground to 9 percent before Nasdaq halted trading.
Hours later, the official report hit Google’s investors website, with the missing quote from Page: