Google Inc., the worldâ€™s largest search provider, reported on Thursday that its third quarter profit nearly doubled compared to the same period last year.
The Mountain View, Calif.-based company said that net income for the third quarter grew to $733.4 million, or $2.36 per diluted share, compared with the same quarter a year ago when net income was $381.2 million, or $1.32 per share.
The company reported revenues of $2.69 billion for the quarter which ended with September, an increase of 70 percent compared to $1.58 billion a year ago.
Google CEO, Eric Shmidt said he was particularly pleased with the third quarter results. â€œIn addition, we continued to forge significant partnerships with companies such as eBay, Fox Interactive Media, and Intuit that will be of great value to all involved,â€ he added.