Google profit soars on record quarterly revenue

SAN FRANCISCO: Google on Thursday reported that its profit climbed to $2.51 billion in the recently-ended fiscal quarter on record-high revenue of more than $9 billion.

"We had a great quarter, with revenue up 32 percent year-on-year for a record-breaking over $9 billion of revenue," Google co-founder and chief executive Larry Page said in a statement.

Slightly more than half of Google's revenue, $4.87 billion, came from outside the United States, the company reported.

Google stock quickly leapt more than 12 percent to $593 per share after release of the earnings figures.

Paid "clicks" on Internet ads at the heart of the Mountain View, California company's money-making machine were 18 percent higher than in the same quarter last year.

Google reported that as of June 30 it had 28,768 full-time employees as compared to the 26,316 workers on the company's global payroll at the end of the first three months of this year.

Copyright AFP (Agence France-Presse), 2011