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”.

Yahoo Earnings Disappoint, But Search And Mobile Revs Up

Marketing Land