News : Google quarterly profit beats expectations

SAN FRANCISCO (Reuters) - Google Inc's quarterly profit and revenue rose in the second quarter despite the tough advertising market, beating Wall Street expectations.

The Web search leader said on Thursday that revenue in the three months ended June 30 totaled $5.52 billion, compared with $5.37 billion a year earlier. Analysts were looking for $5.49 billion, according to Reuters Estimates.

Google posted net income of $1.48 billion, or $4.66 a share, compared with $1.25 billion, or $3.92 a share, in the year-ago period.

Excluding certain items Google earned $5.36 a share, ahead of the $5.08 per share expected by analysts.

The Mountain View, California, company did not provide a financial outlook, in keeping with its custom.

Shares of Google fell to $432.00 in after-hours trade on Thursday, from their Nasdaq close of $442.60.

(Reporting by Alexei Oreskovic; Editing by Steve Orlofsky)