Google reported USD 13.97 billion of consolidated revenue in the first quarter, up 31 percent on the first quarter of 2012. The consolidated revenue figure includes turnover from Google-owned sites, up 18 percent to USD 8.64 billion, revenue from partner sites up 12 percent to USD 3.26 billion and other revenues up 150 percent to USD 2.91 billion. Google’s international revenues reached USD 7.1 billion, or 55 percent of the total, compared to 54 percent in the fourth and first quarters of 2012.
The group’s Motorola Mobile subsidiary had USD 1.02 billion of revenues, or 7 percent of consolidated revenues, and reported a USD 271 million operating loss, for a -27 percent operating margin.
Google’s operating income increased to USD 3.48 billion, or 25 percent of revenue, compared to USD 3.39 billion, or 32 percent of revenue, a year earlier. Net income, including net income from discontinued operations, reached USD 3.35 billion in the first quarter, compared with USD 2.89 billion in the year-earlier period. EPS increased to USD 9.94 from USD 8.75.
Google also reported that aggregate paid clicks, including clicks related to ads served on Google sites and network member sites, rose by about 20 percent compared to the first quarter of 2012 and by around 3 percent over the fourth quarter of 2012. The average cost-per-click on both categories of sites decreased by around 4 percent compared to the first and fourth quarters of 2012.
