Greg Sterling says, “After search marketing reports that showed slowing growth for Google, the market was anticipating a miss or very modest growth. However Google just announced earnings and profits that beat analyst expectations.

Total revenues were $17.7 billion; earnings per share were $6.74. The company said it had roughly $70 billion in cash and cash equivalents on hand. Google shares jumped in after-hours trading

Revenue growth was 11 percent year over year. But paid clicks were up 18 percent and a whopping 30 percent on Google websites. However CPCs were down 11 percent. The company characterized mobile search performance as “strong” in its release”.

Google Beats Expectations With $17.7 Billion, Mobile And YouTube Revs Grow

Marketing Land

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