Google Earnings: Ad Volume Soars Even as Cost Per Click Declines

Google posted its second quarter results on July 17. The company reported 22% year-on-year growth in revenues to $15.95 billion, which were in line with our expectations. Its operating income from continuing operations grew by approximately 22% to $4.26 billion. However, the company continued to invest heavily, with some pressure on margins. The company also reported […]