Yahoo Reports Q2 Earnings in Line with Expectations as Search Revenue Rises
Posted: 10/23/2012 | By: Laura Hazard Owen | paidContent
In its first full quarter with former Google exec Marissa Mayer as CEO,
Yahoo reported Q3 earnings in line with analyst expectations Monday
afternoon. The company’s revenue excluding traffic acquisition costs was
$1.08 billion, up two percent over this time last year, with net income
of $0.23 per share. Analysts had estimated revenues of $1.08 billion
and $0.26 per share.