Wednesday, 17 July 2013

Yahoo Revenue Profit Up 150% To U.S

Yahoo Revenue Profit Up 150% To U.S: However, Yahoo earned profits have soared 150%, from $ 55 million to $ 137 million. 
Yahoo Revenue Profit Up 150% To U.S
The rate of return per share of $ 0.35 is Yahoo higher than the $ 0.3 figure that the anticipated financial experts had previously given. 

This is a sign that Yahoo is continuing to rebound since the female CEO Marissa Mayer took the helm of the company.

But everything is not necessarily good for Yahoo . Two parts of its main business is to display and search advertising are recorded declines caused investors to worry. 

Revenue from advertising in the quarter was 472 million down 12% compared to the same period last year according to the New York Times. 

The number of ads that Yahoo sales fell for two consecutive years. Revenue from search engines is down 9% to $ 418 million.

In the past quarter 2 Yahoo has acquired nine companies to consolidate the company's products including the acquisitions of social network Tumblr for $ 1.1 billion. Mayer CEO further revealed that not until years after the acquisition Tumblr beginners generate significant revenue.

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