Thursday, October 21, 2004

Google Q3 '04: Revenue rose 105% from Q3 '03

From CNN Money:

Google has reported earnings of $.19/share for Q3 2004. Revenue rose 105 percent from a year ago to $805.9 million.

Google-Sites Revenue-Google-owned sites generated $411.7 million or 51 percent of total revenue. This represents an increase of 99 percent over the third quarter of 2003.

The Google Network-Revenue generated on Google's partner sites, through AdSense programs, contributed $384.3 million, or 48 percent of total revenue, a 120 percent increase over the Network revenue generated in the same quarter last year.

Highlights

- On a worldwide basis, Google employed 2,668 full time employees as of Sept. 30, 2004, up from 2,292 as of June 30, 2004
- Top 50 advertisers represented only 15% of growth
- 70% of engineering resources focused on enhancement of core services, 30% focuses on emerging businesses (GMail, Picasa, Blogger)

- International Operations account for 35% of revenue