18.07.2013 22:34:40

Google Q2 Profit Rises - Quick Facts

(RTTNews) - Google Inc. (GOOG) Thursday reported a rise in profit for the second quarter, as revenues improved by 19 percent year-on-year.

Net income for the quarter increased to $3.23 billion or $9.54 per share from $2.79 billion or $8.42 per share in the comparable quarter last year.

Net income from continuing operations totaled $2.55 billion or $7.55 per share, compared to $2.83 billion or $8.56 per share last year.

Adjusted earnings for the quarter was $3.23 billion or $9.56 per share, down from $3.36 billion or $10.16 per share in the year-ago period. On average, 40 analysts polled by Thomson Reuters expected the company to earn $10.78 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues were $14.11 billion, up 19 percent from $11.81 billion last year, while 28 analysts expected revenues of $14.42 billion.

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