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Google misses in Q3 with revenue of $16.5B & earnings of $6.35 per share

Google today reported its third-quarter earnings for 2014, with gross revenue of $16.5 billion and non-GAAP earnings per share (EPS) of $6.35. Analysts had expected earnings of $6.53 on revenue of $16.6 billion. In after-hours trading, the company is down by almost 3 percent.