Google reports 22% revenue jump in Q2 2014
Google has reported a 22% jump in revenue in Q2 2014 compared to a year earlier.
Revenue rose to $16 billion and profits were up 6% to $3.4 billion, said Google in its earnings report.
Strong demand for Google’s advertising helped boost revenues above expectations.
Google also announced chief business officer Nikesh Arora was leaving for SoftBank.
Nikesh Arora, who has been with Google for 10 years, will be temporarily replaced by Omid Kordestani.
Omid Kordestani was Google’s business founder and formerly led Google’s sales team.
Shares in Google rose by about 1% after the market closed.