April 21, 2006
Google First Quarter Profit Rises 60 Percent
Google's first quarter profit rose 60 percent, the company said yesterday. Google earned $592.3 million, or $1.95 a share, in the quarter. In the first quarter of 2004 the company had net income of $369.2 million or a $1.29 a share.
Quarterly revenue surpassed $2 billion for the first time in the company's history hitting $2.25 billion, a 79 percent increase from $1.26 billion last year.