Google Earnings: Live Blog

NEW YORK ( TheStreet) -- Google ( GOOG) delivered giant second-quarter earnings after the bell Thursday, beating earnings per share estimates by nearly a dollar.

Google reported adjusted EPS of $8.74 on quarterly sales of $6.92 billion, which excludes about $2 billion in traffic acquisition costs, or TAC. TAC is the amount that Google pays to other sites for their traffic. Analysts were expecting EPS of $7.86 on revenue of $6.55 billion.

Compared to last quarter's conference call, where Page spoke for about two minutes, the newish CEO talked more than usual, readily answering analyst questions and giving updates on ventures like Android, Google's mobile operating system. According to Page, Google has activated about 135 million Android devices, about 550,000 a day.

Google shares were soaring in the after-market due to the blowout numbers, up at one point by as much as 12%.

Click above to read our live blog of the earnings call.

-- Blog written by Scott Moritz and James Rogers in New York.

Follow the writers on Twitter at TheStreet_Tech

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