Google is going to have a new voice.
Google shares jumped $53 in after-hours trading after the company reported strong quarterly financials today, adding $17 billion to the company’s stock market capitalization.
Google revenues are up, slightly, from last quarter, and up about $1.5 billion from last year’s Q3 as the search engine, mobile juggernaut, and social network reported its third-quarter earnings today.
You might have been expecting an update on Google Glass, but Page chose to talk about Project Loon, an attempt to bring balloon-powered Internet access to people in remote and developing areas.
PRISM, more EU privacy complaints, and even U.S. accusations of taking drug money weren’t enough to keep Google down. This quarter, I/O and Glass generated excitement, but ads brought the revenue.
In response to the earnings news, Google stock was trading at $702.87 as of this writing, down less than 1 percent for the day and up around 8 percent over the past quarter.