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Google announces its Q2 2014 earnings

Jul 19 2014, 6:46am CDT | by , in News | Other Stuff

Google announces its Q2 2014 earnings
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$16 billion revenue leads to $4.26 billion income

The second quarter earnings for this year have been released by Google and we must say the financial picture is very vibrant for the tech giant at the moment. The revenues have increased by 22 percent from last year and have reached $16 billion. 27 percent of the revenues have made up the operating revenue which has ended up at $4.26 billion after an increase from $3.47 billion the year earlier. After all these financial results, the net income was $3.42 billion in the end which has seen a slight increase from Q2 2013. Earnings Per Share (EPS) ended up at $4.99, up from $4.77. If this is compared with the previous year, back then Google posted revenues of $15.4 billion and profit of $4.12 billion (27 percent of revenues).

The total revenues which have been generated from the Google sites have amounted to $10.94 billion which shows a 23 percent increase over Q2 2013 while partner sites on the other hand have accounted for $3.42 billion of revenues. The paid clicks for ads have also increased by 25 percent over the last year and the cost behind one click has also gone down by approximately 6 percent in the same period.

 

Seems like everything for the company is going great as Google recently announced that the number of employees has also increased at the company and it has gone up from 49,829 to 52,069. This figure also includes the number of employees in Motorola.

source: google

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