{"id":82896,"date":"2017-07-04T07:00:00","date_gmt":"2017-07-03T20:00:00","guid":{"rendered":"http:\/\/smartoffice.com.au\/google-third-quarter-results\/"},"modified":"2017-07-04T07:00:00","modified_gmt":"2017-07-03T20:00:00","slug":"google-third-quarter-results","status":"publish","type":"post","link":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2017\/07\/04\/google-third-quarter-results\/","title":{"rendered":"Google Third Quarter Results"},"content":{"rendered":"

Internet search engine Google reported revenues of $US4.23 billion for the quarter ended September 30, up 57 per cent from the previous quarter and 9 per cent compared to the quarter before that.

These figures don’t account for traffic acquisition costs with totalled $US1.22 billion or 29 per cent of the company’s advertising revenue. <\/P>

“We are very pleased with the impressive growth we experienced across our business,” said Google CEO, Eric Schmidt.<\/P>

“Our core search advertising business experienced continued momentum driven by growth in monetization and traffic, and we are creating a wider and deeper ads system through our focus on innovation, bringing more ad formats to our advertisers.  <\/P>

“Our efforts to offer more products and services in international markets as well as effectively grow our technology infrastructure and add to our deep talent base during the quarter helped to deliver growth by enabling Google to reach more users around the world.”<\/P>

 <\/DIV>

During the same period, Google-owned websites generated revenues of $US2.73 billion, or 65 per cent of the company’s total revenues, representing a 68 per cent increase over third quarter 2006 revenues of $US1.63 billion, and a 10 per cent increase over second quarter 2007 revenues of $US2.49 billion.<\/P>

Google’s partner sites generated revenues, through AdSense programs, of $US1.45 billion, or 34 per cent of total revenues, in the third quarter of 2007.<\/P>

Revenues from outside the United States where Google is based totalled $US2.03 billion, or 48 per cent of total revenues in the third quarter of 2007, compared to 44 per cent in the third quarter of 2006 and 48 per cent in the second quarter of 2007.  <\/P>

“Had foreign exchange rates remained constant from the second quarter of 2007 through the third quarter of 2007, our revenues in the third quarter of 2007 would have been $24 million lower. Had foreign exchange rates remained constant from the third quarter of 2006 through the third quarter of 2007, our revenues in the third quarter of 2007 would have been $121 million lower,” said the company.<\/P>

 <\/DIV>

Revenues from the United Kingdom alone totalled $US661 million, or 16 per cent of revenue in the third quarter of 2007, steady with the 16 per cent in the third quarter of 2006 and 15 per cent in the second quarter of 2007.<\/P>

Paid Clicks, which include clicks related to ads served on Google sites and the sites of its AdSense partners, increased about 45 per cent. <\/P>

Operating Expenses for the company were $US1.25 billion in the third quarter of 2007, or 30 per cent of revenues, compared to $US1.21 billion in the second quarter of 2007, or 31 per cent of revenues.  The operating expenses in the third quarter of 2007 included $659 million in payroll-related and facilities expenses, compared to $625 million in the second quarter of 2007.<\/P>

The company’s operating Income was $US1.32 billion, or 31 per cent of revenues, compared with its net income of $US1.07 billion as compared to $925 million in the second quarter of 2007.<\/P>

Google employed 15,916 full-time employees worldwide as of September 30, 2007, up from 13,786 full time employees as of June 30, 2007.<\/P><\/p>\n","protected":false},"excerpt":{"rendered":"

Internet search engine Google reported revenues of $US4.23 billion for the quarter ended September 30, up 57 per cent from the previous quarter and 9 per cent compared to the quarter before that.<\/p>\n","protected":false},"author":100,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[28,76],"tags":[],"class_list":["post-82896","post","type-post","status-publish","format-gallery","hentry","category-archive","category-financial","post_format-post-format-gallery"],"yoast_head":"\nGoogle Third Quarter Results - Smart Office<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2017\/07\/04\/google-third-quarter-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Google Third Quarter Results - 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