Here are highlights of recent quarterly earnings reports from selected Internet and media companies and what they say about the state of spending on advertising:
Thursday: Google Inc. says its revenue, after subtracting ad commissions, totaled $8.14 billion in the first quarter. Analysts were expecting revenue of $8.09 billion on this basis. Google's revenue was helped by a 39 percent increase in "paid clicks," but the prices of its search-driven text ads continued to decline. The so-called "cost-per-click" for these ads declined 12 percent from the same time a year earlier.
Coming up:
April 16: Gannett Co.
April 17: Yahoo Inc., Omnicom Group Inc.
April 19: Microsoft Corp., The New York Times Co.
April 25: The McClatchy Co.
April 26: Time Warner Cable Inc., The Interpublic Group of Cos.
April 27: WPP Group PLC
May 1: CBS Corp.
May 2: Time Warner Inc., Comcast Corp., IAC/InterActiveCorp
May 3: Viacom Inc.
May 4: The Washington Post Co.
May 8: The Walt Disney Co., Discovery Communications Inc.
Not yet known: AOL Inc., Clear Channel Outdoor Holdings Inc.