Google:
Ad Revenues Drive Record Quarter

Google reported record revenue of nearly $1.4 billion for the second quarter of 2005. Net income was $343 million, or $1.19 per share.

Revenue from sites owned by Google grew at a faster rate than that coming in from its AdSense contextual advertising network. From its own properties, the company generated $737 million, a 115 percent increase over the same period last year, say Clickz.

AdSense publishers, meanwhile, brought in $630 million, an 82 percent year-over-year increase. The network’s share of Google’s total revenue was 46 percent, down from 47 percent for the previous quarter.

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