Greg Sterling says, “This afternoon Google announced quarterly earnings of just under $17.3 billion, which was up 12 percent over Q1 2014. However both revenue and earnings missed financial analyst consensus expectations.

Google is blaming the performance in part on currency issues and a strong dollar. Without currency issues revenue growth would have been 17 percent year over year.

Total advertising revenues were roughly $15.51 billion, representing 11 percent year over year growth. However ad revenues were off 5 percent vs. Q4 2014″.

Google Posts Revs Of $17.3 Billion In Q1, Misses On Earnings And Revenue

Marketing Land

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