Search engine Google has published its financial results for first quarter 2008. Net income for the period from January to March totaled 1.31 billion dollars. This is a 30 percent increase over last year and 100 million more revenue in the last quarter of 2007.
Revenues for the three months grew by 41 percent compared to the first quarter of 2007, and amounted to 5.2 billion dollars. Revenue adjusted for payments to other sites is 3.7 billion.
The share of international operations in the company's revenue in the first quarter of 2008 reached 51 percent.
PC World reports that after the publication of financial results for the first quarter of 2008, Google stock price rose by 17 percent ( 76.42 dollars), reaching 525.96 dollars per share at the close of trading.
No comments:
Post a Comment