The search firm's reported net income nearly doubled from the previous year to $372.2m on revenues of $1.9bn. But investors had been hoping for more.
The earnings announcement kicked off a selling spree, and Google's shares plummeted by 12.4 per cent in after-hours trading.
Google's shares have been on a steady rise since the company went public in August 2004. Shares were introduced at $85 and were trading at $432.66 prior to Tuesday's earnings release, valuing the company at $127.87bn.
Google's stock initially fell by as much as 19 per cent following the announcement, but showed a slight recovery later.
Boris the robot outed as man in rented robot suit
Mission will provide vital data about the performance of rocket, spacecraft, autonomous docking system and the landing system
The flight will take off from California's Mojave Air and Space Port and could happen as soon as 13th December
Earth was showered with heavy particles called muons, which could have caused mutations and cancer in animals