In Face of Big Changes, Yahoo’s Revenues Remain Flat

Since Yahoo reported first-quarter earnings, the company has had two CEOs, dealt with an uruly board, and settled complicated transactions with both Alibaba and Facebook. Through the large part of that timeframe, Yahoo's revenues and profits remained relatively flat, the company reported Tuesday.

Net revenue was $ 1.081 billion for the quarter ending June 30, down slightly from $ 1.076 billion in the same period a year ago. Net income was $ 226.6 million, down from $ 237 million in Q2 2011.

Revenue from display advertising amounted to $ 534.9 million, up from $ 523.5 million. Search and revenue marked "other" both declined, down to $ 460.9 million and $ 221.9 million respectively.

Yahoo hos…
Continue reading...

More About: Yahoo

The crowdsourced haircut

Lauren Indvik

About author

Global Syndicated News

The Australian Society of Entrepreneurs is dedicated to providing businesses and entrepreneurs a place to be educated, network and learn about the latest entrepreneur news. We syndicate and aggregate quality articles from around the world, feel free to browse our eight thousand plus articles and posts. live events are now open in Australia and Hong Kong.

View all posts by Global Syndicated News