Google announces its Q2 2014 earnings: $16 billion revenue leads to $4.26 billion income

Google has just released its Q2 2014 earnings, where revenues hit $16 billion, up 22 percent from the year previous. Operating income was $4.26 billion, 27 percent of revenues, up from $3.47 billion the year earlier. Net income was $3.42 billion in the end, up just slightly from Q2 2013. Earnings Per Share (EPS) came in at $4.99, up from $4.77. This all compares to the previous quarter, where Google posted revenues of $15.4 billion and profit of $4.12 billion (27 percent of revenues).

Google sites generated $10.94 billion of the company's total revenues, a 23 percent increase over Q2 2013, while partner sites accounted for $3.42 billion of revenues. Paid clicks for ads increased 25 percent over the last year, and cost-per-click was down approximately 6 percent in the same period.

We'll be bringing you all of the news from Google's earnings call, which begins at 1:30 p.m. PT / 4:30 p.m. ET.

Source: Google

: Google announces its Q2 2014 earnings: $16 billion revenue leads to $4.26 billion income

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