The image search market is shrinking faster than the search business.
Google is seeing the results of its search engine’s image searches lose money, according to analysts.
Google lost $2.2 billion in its first quarter of this year, according the research firm Technomic.
That’s the most in a quarter since the company’s stock price peaked at $140 in April.
Its loss per share was $2,700, or 10 cents per share.
That makes it the fourth-biggest loss in a year, following companies like Facebook and Apple, according a Technomic analysis.
The image search business was up $1 billion in the quarter, while its image advertising business grew $1.3 billion.
That helps Google retain more of the search market.
The company’s search business has had a huge shift from search engines to image search engines, which has led to a shift to smaller, cheaper devices.
Google also uses images to search on YouTube and other sites.