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Yahoo(!): Profit Easily Beats Expectations for Third Quarter

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Yahoo CEO Marissa Mayer sent a message to activist investors and analysts on Tuesday, stressing the company’s growth in mobile and native advertising as evidence that the company’s fortunes are improving.

Yahoo announced a big beat on third quarter profit, with $0.52 per share coming in well above estimates of around $0.30. The company also beat revenue projections with $1.09 billion against predictions of $1.04 billion, a slight increase over the third quarter of 2013, when Yahoo brought in 1.081 billion.

The positive financial news sent Yahoo shares up 2% in after-hours trading, having risen 2.3% during the day. Read more…

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Yahoo(!): Profits Beat Expectations for Third-Quarter

Yahoo_profits

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Yahoo has announced a big beat on third-quarter profit, with $0.52 per share coming in well above estimates of around $0.30.

The company also beat revenue projections with $1.09 billion against predictions of $1.04 billion. It is a slight increase over the third quarter of 2013, when Yahoo brought in 1.081 billion.

The positive financial news sent Yahoo shares up 3.9% in after-hours trading, having risen 2.3% during the day.

Yahoo CEO Marissa Mayer attributed the increased revenue to investments outside its core business.

“We achieved this revenue growth through strong growth in our new areas of investment – mobile, social, native and video – despite industry headwinds in some of our large, legacy businesses,” Mayer said in a press release. Read more…

More about Yahoo, Earnings, Business, and Media

Yahoo(!): Profits Beat Expectations for Third-Quarter

Yahoo_profits

Feed-twFeed-fb

Yahoo has announced a big beat on third-quarter profit, with $0.52 per share coming in well above estimates of around $0.30.

The company also beat revenue projections with $1.09 billion against predictions of $1.04 billion. It is a slight increase over the third quarter of 2013, when Yahoo brought in 1.081 billion.

The positive financial news sent Yahoo shares up 3.9% in after-hours trading, having risen 2.3% during the day.

Yahoo CEO Marissa Mayer attributed the increased revenue to investments outside its core business.

“We achieved this revenue growth through strong growth in our new areas of investment – mobile, social, native and video – despite industry headwinds in some of our large, legacy businesses,” Mayer said in a press release. Read more…

More about Yahoo, Earnings, Business, and Media

Yahoo Beats In Q3 With Revenue Of $1.09B, EPS Of $0.52

yahoo-earnings With all eyes on what Yahoo will do with its $5 billion+ in Alibaba cash, Yahoo today reported its Q3 earnings after the close of trading, with sales of $1.09 billion excluding traffic acquisition costs and non-GAAP earnings per share of $0.52. Revenues including acquisition costs were $1.15 billion. Yahoo’s stock was up 3% in after-hours trading, following this news.
Analysts were… Read More

Yahoo Earnings: Time for Plan B?

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Now more than two years into Marissa Mayer’s tenure as CEO of Yahoo, the company remains in about the same place as it was before her arrival

Mayer will need to address that stagnancy Tuesday, as Yahoo reports third-quarter earnings. Yahoo is still a giant in the Internet world when it comes to traffic, but its core business — display advertising — is quickly becoming a relic compared to other avenues like online video, native ads and data-driven social advertising.

After Alibaba’s IPO left Yahoo flush with cash, analysts and investors have grown restless hearing promises of change but seeing few results. That is not projected to change with this quarter’s earnings, but Mayer’s performance during Tuesday’s earnings call could prove crucial in convincing critics that she can reposition the company. Read more…

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Yahoo In Talks To Buy Video Ad Platform BrightRoll For Around $700M

Screen Shot 2014-10-21 at 01.22.27 Yahoo has been building up its video and video advertising content, and we have heard that it may make another key acquisition in the area to further raise its game. The company is in talks to acquire BrightRoll, the cross-platform digital video advertising service. TechCrunch has heard that term sheets have been signed, and that the price, if the deal is completed, could be anywhere from… Read More

AOL’s Tim Armstrong Says He Isn’t Thinking About Yahoo At All

Tim Armstrong While on-stage today at TechCrunch’s Disrupt Europe conference, AOL CEO Tim Armstrong dismissed the latest rumors that Yahoo and AOL might merge.
Specifically, Armstrong said AOL has a board meeting tonight (I guess he’s flying back to New York really soon), for which he’s prepared what he described as a 30- to 40-page presentation outlining his plans for 2015. Read More

Your 10 Biggest Fears, According to Yahoo

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Warning: This post contains potentially disturbing or triggering images and video.

The Internet is quite literally a fear factory.

Yahoo shared the top 10 phobias its users searched for over the past month, just in time for Halloween. (Which reminds us, there is such a thing as fear of Halloween, called “samhainophobia.” So that’s fun.)

Topping the list is agoraphobia, which is an anxiety disorder in which people fear being trapped in situations or places that cause panic. So maybe work up to haunted houses another year… Read more…

1. Agoraphobia

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Yahoo Says Its Bug Bounty Program Has Paid Out $700,000 In Rewards During Its First Year

bugs Yahoo massively upset the security community last October when it forked out a measly $12.50 (in company vouchers, no less) as a reward for a researcher who identified a major vulnerability within its email service. There’s an expectation that unearthing a significant weakness in a product is followed by a decent level of compensation, but Yahoo bungled that call — a move that… Read More

Yahoo Downsizes In The Middle East, Closing Its Office In Amman, Jordan

4124495762_9d74b0f288_b Another week, and another workforce reduction for Yahoo. Today the company announced to employees in Amman, Jordan, that it will be shutting down its offices in the country by the end of the year. It will instead funnel those operations — an Arab-language and English-language Arab-focused Internet portal that it picked up by way of its acquisition of Maktoob for $85 million in… Read More