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. 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!".

By InvestSMART · 18 Jul 2013

By InvestSMART ·
18 Jul 2013

Share

Comments

Print

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!".

Share this article and show your support

Proudly

Yahoo! cheers results

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}

{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}

{{ content.upgradeHeading.replace('{0}', user.FirstName) }}

Updating information

Please wait ...

Your membership to InvestSMART Group recently failed to renew.

You've recently updated your payment details.

Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial

Please click on the ACTIVATE button to finalise your membership

Unsuccessful registration

Forgotten password