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Google Releases Q1 2014 Financial Results
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Google Releases Q1 2014 Financial Results

Google has announced its Q1 2014 financial results, concluding with March 31, 2014. Larry Page, Google's CEO, is pl...

Google Releases Q1 2014 Financial Results

Google has announced its Q1 2014 financial results, concluding with March 31, 2014. Larry Page, Google's CEO, is pleased with the results of the first quarter, "We completed another great quarter. We got lots of product improvements done, especially on mobile. I'm also excited with progress on our emerging businesses."

 

The tech giant reported 2014 first quarter revenue of $15.42 billion, which is a 19% increase in last year's first quarter revenue of $12.95 billion. Revenue from Google's sites in the first quarter of 2014 is $10.47 billion, which is 68% of total revenues in 2014 Q1.

 

Google has earned $3.45 billion, or $5.04 per share, a 3% growth compared to last year's first quarter earnings of $3.34 billion, or $4.97 per share.

 

Google's operating income in the first quarter of 2014 was reported at $4.12 billion, which is a slight increase from the 2013 Q1 operating income of $3.75 billion.

 

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Net cash from operating activities in the first quarter of 2014 was $4.39 billion, while in the first quarter of 2013, they totaled $3.63 billion. Capital expenditures in the first quarter of 2014 were $2.35 billion, most of which was for real estate purchases, data center construction, and production equipment.

 

Google's cost-per-click (how much Google has charged from ads) has declined about 9% in the first quarter of 2013, and has remained stable from the fourth quarter of 2013. During the first quarter of 2013 the paid clicks grew 26% and have declined about 1% during the fourth quarter of 2013.

 

As of March 31, 2014 Google boasts 49,829 people in full-time employment throughout the world.

 

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