Google reports Q1 financials

April 21, 2006
by Latitude

This is what everyone seems to have been waiting to find out:

Google Inc. (GOOG)’s first-quarter profit rose 60 percent, soaring past analyst estimates as the company’s Internet-leading search engine solidified its position as the Web’s most popular advertising vehicle. The report sent Google shares rising more than 7 percent in late trading.

Further:

Revenues from the UK were $343 million or 15% of revenue, up from 14% in the fourth quarter of 2005. The UK, France, the Netherlands and the Nordic region all exhibited particular strength in both traffic and monetization.