Q: ILLM What are your thoughts on the recent results? Also with the potential break up of some of google's dominance do you think a company like them will benefit?
5i Research Answer:
Please see this comment on the results. A GOOG breakup should be beneficial to all advertisers, but we think such a situation is still years away, if at all. The stock has recovered a bit. Revenue growth is back, and the improvement in EBITDA is positive. Based on its history it is hard to give it a strong endorsement, but improvements are being noted here.