Google profit, revenue grow in second quarter
Google Inc's profit grew roughly 36 percent in the second quarter, even as spending at the Internet search leader continued to rise.
Google shares were up 11.7 percent at $590.96 in after-hours trading.
Google posted net revenue, which excludes fees paid to partner websites, of $6.92 billion in the second quarter, compared with $5.09 billion in the year-ago period.
Net income in the second quarter was $2.51 billion, or $7.68 a share, up from $1.84 billion, or $5.71 a share, in the year ago period. The company's operating expenses were up 49 percent year-on-year at $2.97 billion.
(Reporting by Alexei Oreskovic; Editing by Richard Chang)
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