Google reported strong revenue growth in Q1 2007, with revenue up 63% year-over-year and 14% quarter-over-quarter. International markets contributed significantly to revenue growth. Non-GAAP net income was $1.16 billion, up 16% from the previous quarter. Google continued to invest in infrastructure and employees while maintaining operating margins over 38%.
Im Rahmen einer Lehrveranstaltung haben die Mitarbeiter des Lehrstuhls für Wirtschaftsinformatik, insbes. Informationsmanagement der TU Dresden ihre Forschungsinteressen vorgestellt. Diese Präsi zeigt die Interessen von Peter Geißler.
“Big data” in human services organisations: Practical problems and ethical di...husITa
“Big data” initiatives that aim to bring together and mine data from multiple databases across government and non-government agencies promise new insights into human service delivery. Specifically they aim to provide information about what services are being used, how, by whom and with what outcome. However, the process of achieving such insights poses both practical problems and ethical dilemmas. In this presentation, drawing from an extensive literature review and research with government and non-government human service organisations focussing on the design and redevelopment of electronic information systems, the most significant problems and dilemmas will be explored. It will be argued that current frameworks for ethical social work and human service practice will need to be expanded to accommodate developments in technology which have made ‘Big data’ projects possible.
Im Rahmen einer Lehrveranstaltung haben die Mitarbeiter des Lehrstuhls für Wirtschaftsinformatik, insbes. Informationsmanagement der TU Dresden ihre Forschungsinteressen vorgestellt. Diese Präsi zeigt die Interessen von Peter Geißler.
“Big data” in human services organisations: Practical problems and ethical di...husITa
“Big data” initiatives that aim to bring together and mine data from multiple databases across government and non-government agencies promise new insights into human service delivery. Specifically they aim to provide information about what services are being used, how, by whom and with what outcome. However, the process of achieving such insights poses both practical problems and ethical dilemmas. In this presentation, drawing from an extensive literature review and research with government and non-government human service organisations focussing on the design and redevelopment of electronic information systems, the most significant problems and dilemmas will be explored. It will be argued that current frameworks for ethical social work and human service practice will need to be expanded to accommodate developments in technology which have made ‘Big data’ projects possible.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
2. First Quarter 2007 Highlights
• Revenue growth of 63% Y/Y and 14% Q/Q
– Revenue on Google properties up 76% year-over-year and 15% sequentially, driven primarily
by traffic
– Network revenues increased 45% year-over-year and 12% sequentially with positive
contribution from existing & newer AdSense relationships as well as international traffic growth
– International markets demonstrated positive seasonality; significant revenue contributions
from the UK, Germany, and France and growth in emerging markets such as Korea
• Continued progress in offline initiatives through partnerships with Clear
Channel Radio and EchoStar
• Introduced Google Apps Premier Edition, bringing more Google products
and services to SMBs and enterprises
• Continued investments in employees and infrastructure
• Announced agreement to acquire DoubleClick (April)
2
6. Costs and Expenses
GAAP
$Millions Q1'06 Q4'06 Q1'07
Costs of Revenues $904.1 $1,283.1 $1,470.4
Percent of revenues 40.1% 40.0% 40.1%
Research & Development $246.6 $386.8 $408.4
Percent of revenues 10.9% 12.1% 11.1%
Sales & Marketing $190.9 $255.2 $302.6
Percent of revenues 8.5% 8.0% 8.3%
General & Administrative $169.5 $219.8 $261.4
Percent of revenues 7.5% 6.9% 7.2%
Total Costs & Expenses $1,511.1 $2,144.9 $2,442.8
Percent of revenues 67.0% 66.9% 66.7%
Non-GAAP
$Millions Q1'06 Q4'06 Q1'07
Costs of Revenues $901.8 $1,272.2 $1,466.0
Percent of revenues 40.0% 39.7% 40.0%
Research & Development $173.5 $304.7 $287.6
Percent of revenues 7.7% 9.5% 7.8%
Sales & Marketing $175.0 $240.7 $275.3
Percent of revenues 7.8% 7.5% 7.5%
General & Administrative $116.1 $192.9 $230.0
Percent of revenues 5.2% 6.0% 6.3%
Total Costs & Expenses $1,366.4 $2,010.5 $2,258.9
Percent of revenues 60.6% 62.7% 61.7%
Note: Please refer to supporting Table 1 for reconciliations of non-GAAP costs and
expenses to GAAP costs and expenses
6
7. Profitability
GAAP
$Millions Q1'06 Q4'06 Q1'07
Income from Operations $742.7 $1,060.6 $1,221.2
Operating Margin 33.0% 33.1% 33.3%
Net Income $592.3 $1,030.7 $1,002.2
EPS (diluted) $1.95 $3.29 $3.18
Non-GAAP
$Millions Q1'06 Q4'06 Q1'07
Income from Operations $887.4 $1,195.0 $1,405.1
Operating Margin 39.4% 37.3% 38.3%
Net Income $697.2 $997.3 $1,159.3
EPS (diluted) $2.29 $3.18 $3.68
Note: Please refer to supporting Table 2 for reconciliations of non-GAAP results of operations
measures to the nearest comparable GAAP measures
7
8. Free Cash Flow
$Millions Q1'06 Q4'06 Q1'07
Net cash provided by
operating activities $824.8 $910.8 $1,219.6
Less purchases of property
and equipment ($344.9) ($366.6) ($596.9)
Free cash flow (Non-GAAP) $479.9 $544.2 $622.7
8
9. Key Takeaways
• Google’s continued excellence and market leadership in core search
and ads drove strong results in Q1
• International markets continue to be a significant opportunity
• Further expansion of our partner network remains a key strategic
initiative
• Investments in infrastructure and employees are a competitive
advantage and critical to our long-term success
• Improving the quality of the user experience remains the most
important factor in all our decisions
9
10. Table 1 - Reconciliations of non-GAAP costs and expenses
to GAAP costs and expenses
As a % of As a % of As a % of
Revenues (1) Revenues (1) Revenues (1)
$Millions Q1'06 Q4'06 Q1'07
Cost of Revenues (GAAP) $ 904.1 40.1% $ 1,283.1 40.0% $ 1,470.4 40.1%
Less: Stock-based compensation (2.3) - (10.9) - (4.4) -
Cost of Revenues (non-GAAP) $ 901.8 40.0% $ 1,272.2 39.7% $ 1,466.0 40.0%
Research and development (GAAP) $ 246.6 10.9% $ 386.8 12.1% $ 408.4 11.1%
Less: Stock-based compensation (73.1) - (82.1) - (120.8) -
Research and development (non-GAAP) $ 173.5 7.7% $ 304.7 9.5% $ 287.6 7.8%
Sales and marketing (GAAP) $ 190.9 8.5% $ 255.2 8.0% $ 302.6 8.3%
Less: Stock-based compensation (15.9) - (14.5) - (27.3) -
Sales and marketing (non-GAAP) $ 175.0 7.8% $ 240.7 7.5% $ 275.3 7.5%
General and administrative (GAAP) $ 169.5 7.5% $ 219.8 6.9% $ 261.4 7.2%
Less: plantiffs' attorneys' fees related to the
settlement of the Lane's Gift litigation class action
lawsuit (30.0) - - - - -
Less: Stock-based compensation (23.4) - (26.9) - (31.4) -
General and administrative (non-GAAP) $ 116.1 5.2% $ 192.9 6.0% $ 230.0 6.3%
Total costs and expenses (GAAP) $ 1,511.1 67.0% $ 2,144.9 66.9% $ 2,442.8 66.7%
Less: plantiffs' attorneys' fees related to the
settlement of the Lane's Gift litigation class action
lawsuit (30.0) - - - - -
Less: Stock-based compensation (114.7) - (134.4) - (183.9) -
Total costs and expenses (non-GAAP) $ 1,366.4 60.6% $ 2,010.5 62.7% $ 2,258.9 61.7%
(1) Percentages based on GAAP revenues of $2,254 million in Q1 '06, $3,205 million in Q4 '06 and $3,664 million in Q1 '07
10
11. Table 2 - Reconciliations of non-GAAP results of operations
measures to the nearest comparable GAAP measures
As a % of As a % of As a % of
Revenues (1) Revenues (1) Revenues (1)
$Millions except per share amounts Q1'06 Q4'06 Q1'07
Income from operations (GAAP) $ 742.7 33.0% $ 1,060.6 33.1% $ 1,221.2 33.3%
Add: Stock-based compensation 114.7 - 134.4 - 183.9 -
Add: Plantiffs' attorneys' fees related to the settlement of the
Lane's Gift litigation class action lawsuit 30.0 - - - - -
Income from operations (non-GAAP) $ 887.4 39.4% $ 1,195.0 37.3% $ 1,405.1 38.3%
Net income (GAAP) $ 592.3 $ 1,030.7 $ 1,002.2
Add: Stock-based compensation (net of tax) 87.2 99.8 157.1
Add: Plantiffs' attorneys' fees related to the settlement of the
Lane's Gift litigation class action lawsuit (net of tax) 17.7 - -
Less: Advanced Pricing Agreement and R&D credit - (133.2) -
Net income (non-GAAP) $ 697.2 $ 997.3 $ 1,159.3
Net income per share - diluted (GAAP) $1.95 $3.29 $3.18
Net income per share - diluted (non-GAAP) $2.29 $3.18 $3.68
Shares used in per share calculation - diluted 304 313 315
(1) Percentages based on GAAP revenues of $2,254 million in Q1 '06, $3,205 million in Q4 '06 and $3,664 million in Q1 '07
11