1 Yahoo reports dip in Q4 revenue, shares fall ~ "TAKE NO AS A QUESTION "

Wednesday 29 January 2014

Yahoo reports dip in Q4 revenue, shares fall


Yahoo reports dip in Q4 revenue, shares fall


Yahoo reports dip in Q4 revenue, shares fall
Yahoo's latest quarterly report shows CEO Marissa Mayer is still having trouble bringing in more revenue.
SAN FRANCISCO: Yahoo's latest quarterly report shows CEO Marissa Mayer is still having trouble bringing in more revenue as online advertisers spend more money at Google and other rivals.

The fourth-quarter results serve as the latest reminder of challenges facing Yahoo. The long-slumping internet company hoped to revive its revenue growth when it lured Mayer away from Google 18 months ago.

So far, though, Yahoo revenue remains stuck in a rut. The company's earnings are rising largely because lucrative investments in Asian internet companies made before Mayer's arrival. 

Yahoo earned $348 million, or 33 cents per share, a 28 percent increase from $272 million, or 23 cents per share, a year earlier. 

Revenue fell 6% to $1.27 billion. 

Shares fell nearly 5% after results came out.


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