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  Google Third Quarter Results

By Sarah Falson | Friday | 2007-10-19

Internet search engine Google reported revenues of $US4.23 billion for the quarter ended September 30, up 57 per cent from the previous quarter and 9 per cent compared to the quarter before that.

These figures don't account for traffic acquisition costs with totalled $US1.22 billion or 29 per cent of the company's advertising revenue.

"We are very pleased with the impressive growth we experienced across our business," said Google CEO, Eric Schmidt.

"Our core search advertising business experienced continued momentum driven by growth in monetization and traffic, and we are creating a wider and deeper ads system through our focus on innovation, bringing more ad formats to our advertisers. 

"Our efforts to offer more products and services in international markets as well as effectively grow our technology infrastructure and add to our deep talent base during the quarter helped to deliver growth by enabling Google to reach more users around the world."

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