Google Back On Track In Q2, Beats The Street With Over $9 Billion In Revenue

Google has just released their Q2 2011 numbers, and after a slightly-off Q1, it looks like Q2 is right back on track for the search giant. They beat the number the Street was expecting across the board. The key one being revenue: Google earned $9.03 billion for the quarter ended June 30, 2011 (a new record for quarterly revenue). The street had been expecting about $8.6 billion. The revenue numbers were up 32 percent over the year-ago period. As the chart above shows, the Google.com numbers were the real strength here. Google-owned sites generated $6.23 billion in revenues, accounting for 69 percent of total revenues. That was a 39 percent increase over the year ago period.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/IlUPjN3z860/

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