Business

Google Q3 Earnings Report : Earned $16.52 Billion Revenue

 



Google Has announced its Q3 Earning report for 2014. The company made $16.52 billion in revenue , 20% more than the revenue in Q3 of 2013.

Google Q3 Earnings Report : Earned $16.52 Billion Revenue 2

According to the CFO of Google , Patrick Pichette,

“Google had another strong performance this quarter,
with revenue up 20% year on year, at $16.5 billion”..

“We continue to be excited about the growth in our advertising and emerging
businesses.”

– He added.

Google’s GAAP operating income came in at $3.72 billion while GAAP net income is $2.81 billion. Site generated revenues made up the largest portion with $11.25 billion. Cash, cash equivalents and marketable securities of Google’s are sitting at $62.16 billion as of September 30, putting Google in a very comfortable position with its money. The Company’s employee count is currently 55,030 employees around the globe.

Source :
Google Investor

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