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Google revenue helped by ads as business boss leaves | Google revenue helped by ads as business boss leaves |
(about 1 hour later) | |
Internet giant Google has reported a 22% jump in revenue during the second quarter period from March through June compared to a year earlier. | Internet giant Google has reported a 22% jump in revenue during the second quarter period from March through June compared to a year earlier. |
Revenue rose to $16bn (£9.4bn) and profits were up 6% to $3.4bn, said the firm in its earnings report. | Revenue rose to $16bn (£9.4bn) and profits were up 6% to $3.4bn, said the firm in its earnings report. |
Strong demand for Google's advertising helped boost revenues above expectations. | Strong demand for Google's advertising helped boost revenues above expectations. |
Google also announced chief business officer Nikesh Arora was leaving for SoftBank. | Google also announced chief business officer Nikesh Arora was leaving for SoftBank. |
Mr Arora - who has been with Google for 10 years - will be temporarily replaced by Omid Kordestani, who who was Google's business founder and formerly led Google's sales team. | Mr Arora - who has been with Google for 10 years - will be temporarily replaced by Omid Kordestani, who who was Google's business founder and formerly led Google's sales team. |
Shares in Google rose by more than 2% after market close. |