Yahoo earnings

 

Yahoo! Profits From Better Ad Market, Microsoft Pact

Shares of Yahoo! Inc. (YHOO) were trading down on Wednesday despite the Internet company’s higher first-profit income and revenue. By about 2 p.m. Eastern, Yahoo! stock was worth $17.53, a drop of 4.62 percent. The company late Tuesday afternoon reported $310.2 million in profit, up from $117.6 million a year earlier and $1.6 billion in revenue, […]

Yahoo! Recovering Under CEO Bartz

Yahoo! Inc. (YHOO) ended its first year under CEO Carol Bartz on a high note. The Internet company for several years has lagged behind rival Google Inc. in search engine users and display advertising. But Yahoo! could be near a comeback. On Tuesday afternoon, Yahoo! reported fourth-quarter profit of $153 million, even on lower sales. The […]

Yahoo! 3Q Earnings Thrill Investors, But At What Cost?

Yahoo Inc.’s (YHOO) third-quarter earnings blew analysts’ and investors’ socks off, but at whose expense? Not CEO Carol Bartz’s, that’s for sure. She’s flying high on a $1 million salary with a possible $2 million bonus (she’s also got $18 million worth of equity and make-up grants in the hopper). Yes, the new company head has […]

Yahoo Q2 Earnings A Mixed Bag

Search engine Yahoo Inc. (YHOO) saw its sales drop 13 percent in the second quarter, even as profit rose 8 percent. Net income totaled $141 million, compared to $131 million during the same period a year earlier. Revenue, on the other hand, fell to $1.57 billion, down from $1.8 billion. The company, which faces a new […]

Yahoo! To Do Away With 700 More Jobs on Profit Drop

Search engine Yahoo! Inc. (YHOO) will slash hundreds more jobs on news that ad sales continued to drop in the first quarter of 2009. Online ad revenue hasn’t slumped this much since the dot-com bust, analysts say. The reality is hitting Yahoo! with a vengeance. The company will cut 600-700 more jobs, or about 5 percent […]

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