Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Google Reports: Paid Clicks up 13% but Cost Per Click Down 7%: Revenue up 12%

According to the news from Domain Forum of China on April 24th,Google reported its earnings for the 1st Quarter of 2015 after the market closed today.

Google reported revenue in the three months ended in March 31st, rose 12%, year over year, to $17.26 billion

“Paid Clicks” rose 13%, year over year, but was down 1% from Q4′s level.

Average cost per click was down 7% from the year-earlier period and down 5% from Q4′s level.

Google has now missed Wall Street’s earnings estimates for six consecutive quarters but shareholders don’t seem to care as shares in after hours trading are up 3%, over $18 a share.

Google finished the 1Q with $65.436 billion in cash.

Forum Jump:

Users browsing this thread: 1 Guest(s)