Announced the holding company – the parent company of Google – announced its financial results for the third quarter of the current year, despite shaking the giant company after receiving a record fine by the European Commission, but those numbers good impacted positively on the status of the company in the stock markets.
Revenue reached last to buy that, during the period between 1 April and 30 June of this year, to 32.65 million USD, compared to $ 26.01 million during the same period of last year which means the higher the company’s revenue increased by 26% on an annual basis.
If the investment value of the fine imposed by the European Union on Google, which is worth about 5 billion USD, as it came during the second quarter of this year, the net income of the company have exceeded 8.26 billion USD.
In just one hour since the Declaration of these results, the company’s share price rose by 5% and reached to 11.75 USD compared to $ 9.66 USD.
Is expected to reveal Google in the next few months about a number of products and branded pickle business, which may help the company to achieve more positive results the end of this year.
The post the holding company reveal its financial results for the second quarter of 2018 was published first in are.