Screen Shot 2015-07-17 at 13.27.34

We’re just minutes until the the market opens for the day and Google has already started on a high. Following its strong Q2 financials (announced yesterday), GOOG has shot up in after-hours trading and is up around 13% on yesterday. Last night it announced revenue of $17.7 billion — up 11% YoY — and net income of $3.93 billion.

Seems Wall Street is happy with the results from Q2 leading to a surge in trading after hours, pushing its stock price up past $650. If pre-market numbers are any indication, once the market opens for trading, GOOG should be at its highest point ever. Before now, it’s previous high was set in February last year when it reached $607.

Ruth Porat, Google’s new CFO stated:

“Our strong Q2 results reflect continued growth across the breadth of our products, most notably core search, where mobile stood out, as well as YouTube and programmatic advertising. We are focused every day on developing big new opportunities across a wide range of businesses. We will do so with great care regarding resource allocation.”

With Google’s steady rise on the stock market, it’s hard to see the company failing any time soon. Let’s hope there are many more strong quarters in store.

FTC: We use income earning auto affiliate links. More.


Check out 9to5Google on YouTube for more news:

You’re reading 9to5Google — experts who break news about Google and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Google on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel

About the Author

Cam Bunton's favorite gear