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
- Study: Recessions Can Postpone Motherhood Forever
- Hispanic Entrepreneurs Short-changed in Texas
- Tim Cook Has Proved That Apple is His Baby
- Who Is Daniel Ivascyn?
- Hispanics Carry Big Clout: Census
- Washington's 'The Equalizer' Debuts With $35 Million
- China Approves iPhone 6 After Security Assurances
- Netflix Eyes Hollywood With Feature Film
- Effort to Oust Assad Put on Hold
- Meet the YouTube Tech Review Sensation