Google second-quarter revenue stands at $12.2 billion

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Google second-quarter revenue stands at $12.2bnGoogle, the world’s No. 1 Web search engine, reported second-quarter net income of $2.79 billion ($8.42 per share) on a consolidated basis.

The company’s core internet business rose revenue 21% in the second quarter, while its recently acquired Motorola Mobility business raised Google’s overall revenue to $12.21 billion, Reuters reported.

Shares of Google were up 3% at $609 in after-hours trading on Thursday.

The cost per click for Google’s online search ads continued to decline in the second quarter, falling 16% year-on-year, while the overall number of clicks on its ads increased 42%.

Google closed its $12.5 billion acquisition of Motorola in mid-May, giving it a foothold in the smartphone industry.

Google said the revenue at its existing internet business totalled $10.96 billion in the second quarter, compared with $9 billion in the year-ago period. Revenue at Motorola in the second quarter was $1.25 billion.











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