Google posts increased earnings in quarterly report, misses estimates

Google logoGoogle managed to bring in gross consolidated revenues of $18.1 billion for the last quarter, a year-on-year increase of 15% and up from the previous quarter's $16.52 billion, according to its latest financial results. Increased traffic acquisition costs (TAC) of $3.62 billion bringing the ex-TAC revenues down to $14 billion. Net income also increased to $4.76 billion from $3.38 billion the same period last year, but the search company failed to meet analyst expectations.

The earnings per share (EPS) was $6.91 for the quarter, an improvement on the $4.95 in the fourth quarter of last year. Analyst expectations pinned Google's EPS at $7.12 per share and with ex-TAC revenues of $14.7 billion. It's net income did get boosted by the final closure of the sale of Motorola to Lenovo, which brought in $740 million.

In advertising, representing 89 percent of its revenues, it saw aggregate paid clicks increase by 14 percent year-on-year, and 11 percent quarter-on-quarter. YouTube engagement advertising and other similar advertising saw yearly and quarterly increases of 25% and 18 percent respectively. The average cost-per-click is down 8 percent, both quarterly and year-on-year.

The cash, cash equivalents, and marketable securities held by Google as of the last day of 2014 totaled $64.4 billion. Globally, Google employs 53,600 full-time staff, a headcount up just over 2,000 from the end of the previous quarter.

The full year revenue for the company is $66 billion, up 19 percent from last year. While impressive, it is notable that this full year figure is in fact lower than the quarterly revenue of $74.6 billion reported by Apple in its results earlier this week.

Source: Electronista

Tags: Google, report

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Consumer group recommends iPhone 8 over anniversary model
 
LTE connections wherever you go and instant waking should come to regular PCs, too
 
That fiction is slowly becoming a reality
 
The Snapdragon 845 octa-core SoC includes the Snapdragon X20 LTE modem
 
Human moderators can help make YouTube a safer place for everyone
 
Google says Progressive Web Apps are the future of app-like webpages
 
All 2018 models to sport the 'notch'
 
The biggest exchange in South Korea, where the BTC/KRW pair is at $14,700 now
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
     12
3456789
10111213141516
17181920212223
24252627282930
31      




Poll

Do you use microSD card with your phone?
or leave your own version in comments (4)