Continued from page 1

The earnings would have been $10.12 per share, if not for Google’s accounting costs for employee stock compensation and the Motorola deal. That figure was slightly better than the average estimate of $10.10 per share among analysts polled by FactSet.

Revenue climbed 35 percent from last year to $12.2 billion. If not for Motorola, revenue would have increased 21 percent. That would have been Google’s slowest rate of revenue growth since the fourth quarter of 2009, when the company was just starting to recover from the Great Recession.

Google’s revenue, excluding Motorola, stood at $8.36 billion after subtracting the ad commissions paid to is advertising partners. That was about $70 million below analyst projections.

The company’s slowing revenue growth stemmed primarily from the economic turmoil in Europe that has weakened currencies overseas.