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Google revenue rises 31% to USD 13.97 bln in first quarter

2013-04-19 08:14:00| Telecompaper Headlines

(Telecompaper) Google reported USD 13.97 billion of consolidated revenue in the first quarter, up 31 percent on the first quarter of 2012. The group's Motorola Mobile subsidiary had USD 1.02 billion of revenues, or 7 percent of consolidated revenues, and reported a USD 271 million operating loss, for a -27 percent operating margin. Google's operating income increased to USD 3.48 billion, or 25 percent of revenue, compared to USD 3.39 billion, or 32 percent of revenue, a year earlier. Net income, including net income from discontinued operations, reached USD 3.35 billion in the first quarter, compared with USD 2.89 billion in the year-earlier period.

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