Google Posts Q1 Earnings for 2014 – Revenue Hits $15.4 Billion, Up 19% Year-over-year

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It’s earnings day for Google, which just posted its Q1 results for the year of 2014. Revenue hit $15.4 billion (profit of $6.27 per share), up 19% year-over-year, despite missing analysts’ estimates of $6.40 per share on about $15.5 billion in revenue.

Google saw a slight decrease year-over-year of 9% in cost-per-click, a metric used to estimate how much Google can charge for advertisements, which was still on par with what Google saw in Q4 of 2013.

Cash, cash equivalents, and marketable securities are reported to be at $59.38 billion. Not a bad little piggy bank Google has going for itself.

Also stated in the release is the company’s headcount, which is just about to hit 50,000 employees globally.

The quarterly earnings call takes place at 1:30pm PST. You can listen in here.

Via: Google



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