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Yahoo! cheers results

Yahoo! said its second-quarter profits rose sharply from a year ago, but revenues lagged, offering a mixed picture for chief executive Marissa Mayer's turnaround efforts.
By · 18 Jul 2013
By ·
18 Jul 2013
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Yahoo! said its second-quarter profits rose sharply from a year ago, but revenues lagged, offering a mixed picture for chief executive Marissa Mayer's turnaround efforts. Net profit rose 46 per cent to $US331 million, but revenues dipped 1 per cent to $US1.07 billion. Mayer, left, said the quarter was "one of the most productive in the history of Yahoo!".
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Frequently Asked Questions about this Article…

Yahoo reported a mixed Q2: net profit rose 46% to US$331 million, while revenues dipped 1% to US$1.07 billion.

The quarter is described as mixed because Yahoo delivered a strong jump in net profit but saw a slight decline in total revenue, giving investors both positive and cautionary signals about the company's performance.

Net profit increased by 46% year‑on‑year to US$331 million, which is a notable improvement in earnings reported for the quarter and indicates stronger bottom‑line performance compared with the prior year.

Revenue dipped 1% in the quarter to US$1.07 billion, a small decline that contrasts with the sizeable rise in reported net profit.

Marissa Mayer called the quarter "one of the most productive in the history of Yahoo!" reflecting management's positive view despite the mixed financial metrics.

The results offer both encouragement and caution: rising profits suggest some progress on profitability, but the slight revenue decline means the overall turnaround is still incomplete and should be judged over multiple quarters.

Consider both metrics: profit growth is a positive sign for earnings performance, while falling revenue can signal underlying demand or growth challenges. Investors should look for consistent improvements in both revenue and profit over time rather than one quarter alone.

Watch upcoming quarterly reports for revenue trends and continued profit performance, plus management commentary on strategy and execution, to see whether the mixed signals resolve into sustained improvement.