Yahoo! has announced $1,576 million gross revenue for the second quarter of 2006. There is 26% increase in the revenues compared to Q2 of 2005, according to Yahoo!.


Yahoo! has announced $1,576 million gross revenue for the second quarter of 2006. There is 26% increase in the revenues compared to Q2 of 2005, according to Yahoo!.

Yahoo!’s Second Quarter 2006 Financial Results Data:

– Total Revenues : 1,576 million

– Marketing services revenue : $1,386 million

– Fees revenue : $190 million

– Total operating income for the second quarter of 2006: $230 million

– Cash flow from operating activities: $430 million

– Net income for the second quarter of 2006: $164 million

– Adjusted net income excluding stock-based compensation expense, net of tax: $237 million.

Yahoo!’s Segment Financial Results Data:

– United States revenues for the second quarter of 2006: $1,070 million

– International revenues for the second quarter of 2006: $506 million

– United States segment operating income before depreciation: $341 million

– International segment operating income before depreciation: $116 million.

Terry Semel, Chairman and CEO of Yahoo!, said: “Yahoo! continued to make major strides this quarter against some of our most valuable business initiatives, further strengthening our foundation for ongoing growth,

Our ability to remain focused on our advertiser and consumer communities, while also continuing to innovate and take advantage of new opportunities in the marketplace, has put us in a great position”. [source]

LINKS:

To read the complete report of Yahoo!’s Q2 financial results, click here.

The report is in Pdf format. You will need Adobe Acrobat Reader to view this file. To download Adobe Acrobat Reader, click here.

To visit Yahoo!, click here.