Search engine company Google reported Thursday
a 16-per-cent increase in net profit for the quarter ending in March,
citing a 20-per-cent increase in the total number of clicks on
advertisements that appear on web searches.
First-quarter profit, excluding some items, was 11.58 dollars a share, Google said. Net income increased to 3.35 billion dollars.
Google revenues on a consolidated basis were 13.97 billion dollars, an increase of 31 per cent over first quarter last year.
Although the average amount advertisers paid each time a user clicks on a promotion decreased 4 per cent, the total number of clicks advanced 20 per cent. That followed a 24-per-cent gain in the fourth quarter.
Most Popular Stories
- High-Tech Home Theaters Undergoing a Revolution
- Amazon Prime Grabs Classic HBO TV Series
- Wellness Programs Grow More Popular With Employers
- Procter & Gamble Income Up on Cost Cutting
- Sales of New Homes Fell 14.5 Percent in March
- Obama Opens Japan Trip with Sushi Stop
- #myNYPD Twitter Campaign Backfires for NYPD
- Google, SunPower Team Up on Solar Power
- FedEx Sued Over Deadly California Bus Crash
- Boeing Flying High With Strong First Quarter