Q2 Revenues: Google Once Again Reports Good Financial Results
Mountain View-based search engine giant Google has recently made public its financial results for the quarter that ended on the 30th of June, 2010 (that would be Q2). I am sure it comes at no surprise if I tell you that Google has done well, very well indeed. Google managed to do even better in Q2 than it did in Q1. If in Q1 Google reported total revenues of $6.77 billion in Q1, it now reported total revenues of $6.82 billion. It is an increase of $5 milion, but it is an increase.
“Google had a strong second quarter,” said Eric Schmidt, CEO of Google. “Solid growth in our core business and very strong growth in our emerging businesses drove 24% revenue growth year over year. We saw strength in every major product area, as more and more traditional brand advertisers embraced search advertising and as large advertisers increasingly ran integrated campaigns across search, display, and mobile. We feel confident about our future, and plan to continue to invest aggressively in our core areas of strategic focus.”
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Here are the exact figures related to Google’s Q2 financial results to put things in perspective: Total Revenues for Q2, which ended this June – $6.82 billion (a 24% increase compared to last year). Google Sites Revenues – $4.50 billion (which represents 66% of total revenues; a 23% increase compared to last year). International Revenues – $3.53 billion (which represents 52% of total revenue). Google Network Revenues – $2.06 billion (which represents 30% of total revenues; a 24% increase compared to last year).
And here are the figures related to Google’s Q1 financial results; again, to put things in perspective: Total Revenues for Q1, which ended this March – $6.77 billion (a 23% increase compared to last year). Google Sites Revenues – $4.44 billion (which represents 66% of total revenues; a 30% increase compared to last year). International Revenues – $3.58 billion (which represents 53% of total revenues). Google Network Revenues – $2.04 billion (which represents 30% of total revenues; a 24% increase compared to last year).
Additional details about Google’s Q2 financial results are available here.
Mountain View-based search engine giant Google has recently made public its financial results for the quarter that ended on the 30th of June, 2010 (that would be Q2). I am sure it comes at no surprise if I tell you that Google has done well, very well indeed. Google managed to do even better in Q2 than it did in Q1. If in Q1 Google reported total revenues of $6.77 billion in Q1, it now reported total revenues of $6.82 billion. It is an increase of $5 milion, but it is an increase. 