Google reported for the third quarter

Google has announced its profit in the 3rd quarter of 2015, demonstrating the high revenue growth and net profit for the quarter compared to last year.

Google reported for the third quarter



Total revenues of the company for the quarter were $ 18.7 billion, which is 13% more than in 2014. Net profit amounted to $ 3,979 billion, up from $ 2.739 billion in the same period last year.

Revenues from Google-owned sites brought the company $ 13 billion in revenue, up 16% compared to the previous year, while the rest of the segment showed revenue figure of $ 1.89 billion and growth of 11%.

Advertising revenue, which is a great part of the Google business grew by 23% YoY and 6% QoQ, while advertising on Google sites grew 35% year on year and by 7% in comparison with the the previous quarter.
Operating expenses for Q2 amounted to $ 6.93 billion, a 37% increase.

Also increased and the number of Google employees and amounted to 59976 employees, showing a big jump from the 51,544 in the same quarter last year.

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