Google says online advertising market appears to be stabilizing; Net income surges 18% in second quarter but revenue growth slows to 3%
Jul 17th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Google on Thursday published its second quarter financial results and signalled the online advertising market appears to be stabilizing. However, while net income rose 18% in the second quarter, revenues only grew 3% the lowest growth rate in the company’s history.