Search engine giant Google hailed a ‘great Q2’ as it posted a 22 per cent increase in revenue to $16bn.
The firm, which offloaded its Motorola Mobile business to Lenovo earlier this year for $2.91bn, posted GAAP operating profit of $4.26bn, compared with $3.47bn in the same quarter the previous year.
Outside the US, revenues from around the globe totalled $9.3bn – representing 58 per cent of total revenues for the quarter, compared with 55 per cent in Q2 2013.
However the UK was a particularly strong market for the vendor, with revenues from the region toalling $1.62bn, accounting for 10 per cent of Q2 revenues, exactly the same as in Q2 2013.
Patrick Pichette, chief financial officer at Google said: “[We] had a great quarter with revenue up 22 per cent year on year, at $16bn. We are moving forward with great product momentum and are excited to continue providing amazing user experiences, with a view to the long term."
In separate news Google waved goodbye to its long serving chief business officer Nikesh Arora, who is set to the leave the firm after 10 years, to take up the position of CEO of SoftBank Internet and Media, and vice chairman of SoftBank Corp.
As a temporary measure, Omid Kordestani – business founder of Google – will step into the role.
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