Google has released its second quarter results but there was no fanfare accompaniment to the average performance.
Despite achieving net profits of $1.8 billion (1.17 billion) and revenues of $6.82 billion up from $5.52 billion the same time last year the numbers still failed to meet analyst expectations.
The disappointment from investors led Google's shares falling four per cent in after hours trading and reduced the company's value yet again, after regular share price drops over the past few months.
However, Google's chief executive (CEO), Eric Schmidt, remained positive about the company's performance.
"Google had a strong second quarter," he said. "We saw strength in every major product area, as more and more traditional brand advertisers embraced search advertising and as large advertisers increasingly ran integrated campaigns across search, display, and mobile."
"We feel confident about our future, and plan to continue to invest aggressively in our core areas of strategic focus," concluded Schmidt.
-
LaunchDarkly to "double down" on observability with Highlight acquisitionNews Highlight's observability tools will be integrated into LaunchDarkly's Guarded Releases software deployment service
-
Samsung Galaxy Tab S10 FE reviewReviews The Tab S10 FE retains the feel and core capabilities of Samsung's high-end S10 tablets, but compromises on the display and the performance
