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Google’s revenue jumps 19% in 2014

Google released its fourth quarter and fiscal year 2014 results this morning, with full-year revenue in 2014 totalling $US66 billion ($A84.9 billion), up 19% year-on year. The tech giant reported consolidated revenues of $US18.10 billion for the fourth quarter, up 15% compared to the fourth quarter of 2013. Google’s fourth quarter net revenue was $14.48 […]
Kye White
Kye White
Google’s revenue jumps 19% in 2014

Google released its fourth quarter and fiscal year 2014 results this morning, with full-year revenue in 2014 totalling $US66 billion ($A84.9 billion), up 19% year-on year.

The tech giant reported consolidated revenues of $US18.10 billion for the fourth quarter, up 15% compared to the fourth quarter of 2013.

Google’s fourth quarter net revenue was $14.48 billion and earnings per share came in at $US6.88. Those figures fell short of analyst expectations which were looking for close to $14.76 billion and $7.12.

The company’s revenues outside the United States totalled $US10.23 billion, representing 56% of total revenues in the fourth quarter, compared to 58% in the third quarter of 2014 and 56% in the fourth quarter of 2014.

Google currently employs 53,600 people. Last quarter it shelled out $US3.55 billion on capital expenditures, which included real estate purchase, production equipment and data centre construction.