In the second quarter of 2006, Google’s net profit more than doubled compared to the same period in 2005.
Net profit in many ways exceeded analysts' expectations and amounted to $ 721 million. The company's revenue for the same time increased by 77 percent to $ 2.46 billion. Sales increased by 9%.
The financial results of Google were published after the end of trading in New York. As a result of transactions concluded after the closure of the New York Stock Exchange, there was a steady increase in the stock price of the company, reports Reuters .