Surprise: Google's Q3 2010 Earnings Up

Oct 15, 2010 • 8:05 am | comments (0) by twitter Google+ | Filed Under Other Google Topics
 

Fine, maybe not a surprise, but Google released their third quarter earnings for 2010 yesterday. Here are the highlights:

  • Revenues of $7.29 billion for the quarter ended September 30, 2010, an increase of 23% compared to the third quarter of 2009.
  • GAAP operating income in the third quarter of 2010 was $2.55 billion, up from $2.07 billion previous year.
  • GAAP net income in the third quarter of 2010 was $2.17 billion, compared to $1.64 billion in the third quarter of 2009
  • Google Sites Revenues - Google-owned sites generated revenues of $4.83 billion, or 67% of total revenues, in the third quarter of 2010. This represents a 22% increase over third quarter 2009 revenues of $3.96 billion.
  • Google Network Revenues - Google’s partner sites generated revenues, through AdSense programs, of $2.20 billion, or 30% of total revenues, in the third quarter of 2010. This represents a 22% increase from third quarter 2009 network revenues of $1.80 billion.
  • Paid Clicks – Aggregate paid clicks, which include clicks related to ads served on Google sites and the sites of our AdSense partners, increased approximately 16% over the third quarter of 2009 and increased approximately 4% over the second quarter of 2010.
  • Cost-Per-Click – Average cost-per-click, which includes clicks related to ads served on Google sites and the sites of our AdSense partners, increased approximately 3% over the third quarter of 2009 and increased approximately 2% over the second quarter of 2010.
  • Cash – As of September 30, 2010, cash, cash equivalents, and marketable securities were $33.4 billion.
  • Headcount – On a worldwide basis, Google employed 23,331 full-time employees as of September 30, 2010, up from 21,805 full-time employees as of June 30, 2010.

Lots of coverage of this on Techmeme.

Forum discussion at WebmasterWorld & Google Blogoscoped Forums.

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