Google Stock rose 3% to USD 573 per share after announcement of results for the first quarter ended March 2015.
Net sales for the company increased 12% to USD 17.258 billion in the first quarter, compared with USD 15.42 billion in first quarter of 2014.
Total Revenue from Advertising – (Google websites and Google Network Members’ websites) increased 11% to USD 15.508 billion in the first quarter of 2015 over first quarter of 2014. Other Revenue grew 23% on a year on year basis for the first quarter.
GAAP Net Income was reported at USD 3.586 billion in the first quarter, or USD 5.2 per diluted share, compared with GAAP net income of USD 3.452 billion, or USD 5.04 per diluted share, in first quarter 2014.
The Company continues to see great momentum in their mobile advertising business and opportunities with brand advertisers.