In
the second quarter of 2014 Google have generated total Revenue of $15.96
billion, an increment of 22 percent was recorded, when compared to the prior
year results same quarter. Total net
income earned this year $3.2 billion
highlights a decrement quarter over
quarter.
“Google had a great quarter with revenue
up 22% year on year, at $16.0 billion”, said Patrick Pichette, CFO
of Google. “We are moving forward with
great product momentum and are excited to continue providing amazing user
experiences, with a view to the long term.”
The
GAAP operating income earned by Google in this quarter was $4.26 billion or 27
percent. Non GAAP operating income, revenue generated was $5.14 billion or 32
percent. This year Google has reported
$15.96 billion consolidated revenue in the second quarter, when compared with
the year 2013 an increment of 22% was recorded. On the world wide basis, Google
is currently employing 52,069 full time employees, compared to 49,829 back in
march 2014. (GOOG)
The
total revenue generated by Google this year in the second quarter was 22
percent higher than 2013. The amount earned in 2014 and 2013 are $15.96 billion
and $13.11 billion. Segment wise, the
revenue generated by the site was $10.94 billion and this shows an increment of
23 percent, when compared to the prior year.
$9.33billion was recorded as the international revenue generated by
Google, $1.60 billion is the amount of revenue earned from the other revenue
section. The other cost of the revenue section of google primarily comprised of
data centers, amortization, content acquisition costs and more. This segment
has generated revenue $2.82 billion or 18%, and after the comparison with 2013
the revenue was increased by 1%.
Interest
and other income, net earnings, earned by Google was $145 million in the second
quarter, when compared to the prior year results the amount back in 2013 was
$236 million. This year in the second quarter
Google has managed to earn $3.2 billion of GAAP consolidated net income
and $4.18 billion Non-GAAP consolidated
net income this year in the second quarter was $15.4 billion, when compared to
the prior year’s $3.36 billion an increment was highlighted. The GAAP Earning
Per Share declared by Google in the same quarter of 2014 was $4.99 for 666
million overall diluted share, compared to $4.77 in 2013. Non GAAP EPS recorded
in 2014 was $6.08 and in 2013 it was $4.96.
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