Google Inc said that its consolidated revenue increased 12% to $14.89bn in the third quarter, even as losses deepened at its Motorola mobile phone business.
Shares of Google rose more than 5% to $939.26 in after-hours trading on Thursday.
The owner of the world's primary web search engine said that its internet business delivered net revenue, which excludes fees paid to partners, of $10.8bn in the third quarter, up 23% from $8.76bn in the year-ago period.
Google said that paid clicks increased 26% year-on-year during the three months ended 30 September, while the average cost-per-click – the price that marketers pay Google when consumers click on their ads – decreased 8%.
Google said it earned $2.97bn, or $8.75 per share in the three months ended 30 September, compared to $2.18bn, or $6.53 per share, last year.
Operating loss at Motorola, Google's mobile phone business, totaled $248m during the third quarter, compared to a loss of $192m in the third quarter of 2012. /The Guardian/