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Wireless

Google Q1 revenues up 19%, profit growth slower

Thursday 17 April 2014 | 08:32 CET | News
Google reported first-quarter revenues of USD 15.42 billion, up 19 percent from a year earlier. The figure excludes traffic acquisition costs, which totaled USD 3.23 billion, or 23 percent of advertising revenues. Operating profit rose to USD 4.12 billion from USD 3.75 billion a year ago, while the margin fell to 27 percent from 29. Net profit increased to USD 3.45 billion or USD 5.04 per share, from USD 3.35 billion or USD 4.97 per share in Q1 2013. Motorola's results were recorded as discontinued operations, pending the sale of the handset business to Lenovo. Motorola contributed a net loss

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Categories: Internet / Mobile & Wireless
Companies: Google / Lenovo / Motorola Mobility
Countries: World
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