Google posts mixed results

Posted At : 16 July 2010 10:55 | Posted By : Anne Austin
Related Categories: Media owners, Internet

Second-quarter revenue at Google exceeded expectations, rising 24% to US$5.1 billion, but rising operating costs led to its overall profit margin being lower than expected: pro-forma operating profit margin dipped to 39% (down from 41% in Q1). Staff headcount rose by 1,200 during the quarter, adding to costs.

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