The company reported revenues for the quarter of $1.26bn, up by 93% on the same period last year. Google's AdSense program, which allows website owners to place a variety of unobtrusive, relevant ads from on their sites, contributed $584m of the total revenues, a rise of 75%. The rest came from Google-owned sites, which include and .
Shares in the company, which trade on the Nasdaq in New York, reached over $230 each in after-hours trading, following the release of Google's first-quarter results on Thursday afternoon in the US.
The share price stood at $204.22 when the Nasdaq closed yesterday. When the company floated in September last year, the shares were valued at $84 each.
Eric Schmidt, chief executive officer at Google, said: "This was a very strong quarter for Google. We continue to execute well and we have been able to take full advantage of the growth in online advertising.
"In addition, we performed well across our operations with our engineering and product teams delivering dozens of new products and features for Google users around the world."
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