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Google Revenue Up 63%

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Google released their fourth quarter financial report and reported that year to year revenue increased 63%.

First Quarter 2007 Highlights

• Revenue growth of 63% Y/Y and 14% Q/Q
– Revenue on Google properties up 76% year-over-year and 15% sequentially, driven primarily
by traffic
– Network revenues increased 45% year-over-year and 12% sequentially with positive
contribution from existing & newer AdSense relationships as well as international traffic growth
– International markets demonstrated positive seasonality; significant revenue contributions
from the UK, Germany, and France and growth in emerging markets such as Korea
• Continued progress in offline initiatives through partnerships with Clear
Channel Radio and EchoStar
• Introduced Google Apps Premier Edition, bringing more Google products
and services to SMBs and enterprises
• Continued investments in employees and infrastructure
• Announced agreement to acquire DoubleClick (April)

More information is available in this PDF document.

 

Google Revenue Up 63%
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