Internet advertising revenues in the U.S. hit $5.9 billion for the first quarter of 2010, the highest Q1 ever, TechCrunch reported Thursday.
According to numbers released by the Interactive Advertising Bureau in tandem with PricewaterhouseCoopers, this represents a 7.5 percent increase over the same period in 2009.
Nevertheless, revenues came in much lower than the fourth quarter of 2009, when online advertising revenues in the U.S. climbed to $6.3 billion. That said, fourth-quarter results are always higher because of increased spending in the holiday period.
Read more at: TechCrunch.