On Wednesday, Google released its earnings statement for Q1 of 2014, reporting revenue of $15.4 billion, up 19 percent year on year, and an increase in net income. But the numbers come in just shy of analysts’ expectations, which projected the company to rake in $15.58 billion. Google’s earnings-per-share came in at $6.27 — roughly five cents off from analysts’ projections of $6.33. According to Google, traffic acquisition costs increased to $3.23 billion in the first quarter of 2014, representing 23 percent of advertising revenues.