Google Q4 2013 earnings: $16.86 billion revenue, $3.92 billion operating income

Google

Google has just released its Q4 2013 and full year 2013 financial results, with increases in both revenue and income. For the fourth quarter, Google reported revenues of $16.86 billion, up 17 percent year-over-year. Operating income was $3.92 billion, or 23 percent of revenues. Net income rang in at $3.38 billion, up from $2.89 billion in Q4 2012. CEO Larry Page released the following statement along with earnings:

"We ended 2013 with another great quarter of momentum and growth.  Google's standalone revenue was up 22% year on year, at $15.7 billion. We made great progress across a wide range of product improvements and business goals.  I'm also very excited about improving people's lives even more with continued hard work on our user experiences."

Google-owned site revenue was up in quarter by 22 percent year-over-year to $10.55 billion — that's 67 percent of Google's total revenues. Paid clicks were up about 31 percent in the quarter, with cost-per-click dipping roughly 11 percent year-over-year.

The now-sold Motorola contributed a $384 million operating loss in Q4 2013, which is about on par with previous quarters but is a big jump from a loss of $152 million in the year-ago quarter. The release also notes that the final employee headcount for Motorola was 3,894 — compare that to the over 43,000 in Google proper.

Source: Google

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