Additional Information


Content

Google Q2 revenues beat expectations as CBO departs

Google has exceeded analysts' expectations by posting a 22% leap in second quarter revenues, driven by a 25% increase in paid clicks, but cost-per-click continues to decline.

Google: Q2 revenues up 22% driven by paid clicks

Google: Q2 revenues up 22% driven by paid clicks

Share this article

The search giant has revealed revenues for the three months to 30 June hit $16bn (£9.4bn), while profits are up 6% to $3.4bn (£2bn).

Although paid clicks were up by a quarter year on year and up 2% on the previous quarter, cost-per-click decreased by approximately 6% on the same period in 2013.

Google’s chief financial officer Patrick Pichette said: "Google had a great quarter with revenue up 22% year on year, at $16bn. 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 also announced that chief business officer Nikesh Arora, who joined the firm nearly 10 years ago, is leaving the firm to join Japan-based SoftBank as vice-chairman. He will be replaced in the interim by sales boss Omid Kordestani.

It marks the latest in a number of high-profile departures from Google in recent times. YouTube boss Salar Kamangar left earlier this year, while head of social networking services Vic Gundotra revealed he was to depart in April.

This article was first published on marketingmagazine.co.uk

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Additional Information

Latest jobs Jobs web feed

FROM THE BLOGS

The Wall blogs

Espresso yourself External website

by Greg Taylor, 23/10/2014

 

RETAIL THERAPY External website

by Jonathan Staines, 22/10/2014

 

Back to top ^