Archive for April 20th, 2007

Google Announces First Quarter 2007 Results

Google today announced financial results for the quarter ended March 31, 2007. Google reported revenues of $3.66 billion for the quarter ended March 31, 2007, an increase of 63% compared to the first quarter of 2006 and an increase of 14% compared to the fourth quarter of 2006.  Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs, or TAC.  In the first quarter of 2007, TAC totaled $1.13 billion, or 31% of advertising revenues. You can find the complete financial results at the Google press center.

April 20th, 2007


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