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Google (NASDAQ:GOOG) has just released their financial information for the third quarter of 2009. Google's stock is down around 1% on the day thus far, but early data shows a jump in the stock price right after the release of the financial data.

In the words of Google's CEO Eric Schmidt:

"Google had a strong quarter--we saw 7% year-over-year revenue growth despite the tough economic conditions," said Eric Schmidt, CEO of Google. "While there is a lot of uncertainty about the pace of economic recovery, we believe the worst of the recession is behind us and now feel confident about investing heavily in our future."

Selected financial highlights including:

• Revenue of $5.94 billion, a 7% increase;
• International revenue represented 53% of total Google revenue;
• Average cost per click declined 6%;
• Operating income of $2.07 billion, from $1.65 billion in 2008;
• Net income of $1.64 billion, from $1.29 in 2008;
• Google has cash and equivalents of over 22 billion dollars.

Google Investor Relations - Google Announces Third Quarter 2009 Financial Results