‘Yahoo Earnings Disappoint, But Search And Mobile Revs Up’ – ‘Marketing Land’ Article
Greg Sterling says, “Yahoo’s second quarter earnings disappointed investors who had expected somewhat higher numbers. However there were a number of encouraging spots around product and user metrics and isolated revenue improvements.
First the top-line numbers:
- The company had $1.04 billion in revenue ex-TAC, down 3 percent year over year (YoY).
- Display revenue came it an $394 million, ex-TAC, down 7 percent YoY
- Search revenue was $428 million, ex-TAC, up 6 percent YoY”.
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