Google's third

Credit: Reuters/Chris Helgren/Files

A Google logo is seen at the entrance to the company's offices in Toronto in this file photo taken September 5, 2013.

Shares of Google rose more than 5 percent to $939.26 in after-hours trading on Thursday.

The world's No.1 Web search engine said that its Internet business delivered net revenue, which excludes fees paid to partners, of $10.8 billion in the third quarter, up 23 percent from $8.76 billion in the year-ago period.

Google said that paid clicks increased 26 percent year-on-year during the three months ended September 30, while the average cost-per-click - the price that marketers pay Google when consumers click on their ads - decreased 8 percent.

Google said it earned $2.97 billion, or $8.75 per share in the three months ended September 30, compared to $2.18 billion, or $6.53 per share, last year.

Operating loss at Motorola, Google's mobile phone business, totaled $248 million during the third quarter, compared to a loss of $192 million in the third quarter of 2012.

(Reporting by Alexei Oreskovic; Editing by Bernard Orr)