Google's first-quarter earnings (pictures)

Google's shares fell sharply in after-hours trading onWednesday after the Web giant reported first-quarter earnings and sales that missed analyst expectations.

Despite the dour reaction from Wall Street, Google CEO LarryPage released an optimistic statement and said that the earnings represented"another great quarter."

Click onward to see how Google summarized its earnings forthe quarter.

Google saw its first-quarter profit rise 2.9 percent year over year to $3.45 billion, or $6.27 a share. Revenue rose 19 percent year over year to $15.42 billion.

Excluding traffic acquisition costs of $3.23 billion, which are paid out to its partners, its actual revenue was $12.19 billion.

Here's a look at Google's costs and expenses.

Google's profits rose 2.9 percent year over year to $3.45 billion, or $6.27 a share.

Google's free cash flow is down compared with the same quarter a year ago.

Google on interest and other income, as well as the foreign exchange market.

Google singles out revenue from the US and UK.

A year-over-year look at Google's international revenue.

More details on Google's international revenue.

Google breaks down the differences between its consolidated GAAP (Generally Accepted Accounting Principles) and non-GAAP costs and expenses.

Even more reconciliations, this time on income.