Google Income Soars

Share this article:
Google reported impressive fourth-quarter results yesterday as it posted revenue of $1.03 billion, more than double the $512.2 million of a year ago.


Also, revenue increased 28 percent over the third-quarter total. The search firm also said it had net income of $204.1 million, compared with $27.3 million in the fourth quarter last year.


"Google had an exceptional quarter," CEO Eric Schmidt said. "Revenue and profits increased significantly, our execution was solid across the company and most importantly, our relationship with our users, partners and advertisers became even stronger."


Revenue was almost evenly split between Google's operations and its AdSense partnership program. Google-owned sites generated $530 million, 51 percent of total revenue, and an increase of 118 percent over fourth-quarter 2003. The AdSense program generated $490 million, or 48 percent of total revenue, up 92 percent over last year.


Share this article:
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

Good Descriptions Rate More Than Good Reviews

Good Descriptions Rate More Than Good Reviews

Price still rules as an online purchase influencer, says a new survey, but basic brand assets should not be ignored in online product presentations.

For CMOs, A Tale of Two Situations

For CMOs, A Tale of Two Situations

A survey of 525 chief marketers finds them voyaging between digital discovery and digital deliverance, riding out turbulent trends to positions of newfound respect.

Is Native Advertising an Evolution or a Mutation?

Is Native Advertising an Evolution or a Mutation?

Was there truth to John Oliver's rant or was the comedic host unfair in his admonishments?