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HindustanTimes Fri,19 Sep 2014

Google Q2 revenue up 22%, profit jumps 6%

AFP  San Francisco, July 18, 2014
First Published: 02:34 IST(18/7/2014) | Last Updated: 02:37 IST(18/7/2014)

Google on Thursday reported that its quarterly profit jumped 6% amid a surge in revenues.

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The California-based Internet titan said that its profit during the three months ending June 30 rose to $3.42 billion as compared with $3.23 billion in the same period last year.

"Google had a great quarter with revenue up 22% year on year, at $16.0 billion," chief executive officer Patrick Pichette said in an earnings release.

"We are moving forward with great product momentum and are excited to continue providing amazing user experiences, with a view to the long term."

Google shares rose nearly two% to $584.10 in after-market trading that followed release of the earnings figures.


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