Ask Jeeves Reports 178.5% Growth

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Ask Jeeves reported its quarterly earnings today, meeting analysts expectations with 178.5% year-over-year growth. Revenues grew from $27.2 million to $75.7 million, topping estimates slightly, although the fourth quarter revenue guidance of $86 million is $1.7 million lower than expected. Still, despite the large percentage growth numbers, Ask stock fell 15% in after hours trading. Why? My guess, and this is pure speculation, that stockholders compared Jeeves $75.7 million to Google's $805.9 million, and decided it just wasn't worth it.

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