Yahoo reported earnings after the market closed today.
Yahoo! said its first-quarter profit was more than double that of a year ago.
Yahoo earned 22 cents per share, better than the 9 cents analysts had anticipated.
However Q1 search advertising revenue down was down 14%.
“We stabilized our search share and we believe it will tend up in Q2,” Yahoo Chief Executive Carol Bartz said in a conference call with analysts on Tuesday.
Yahoo’s revenue per search increased 2% from 4Q, but were down 14% year-over-year.
Yahoo shares were down 3.5% after hours.
I wonder when Yahoo will collapse and it will come to all of us having to deal almost exclusively with Google.
Tim
Yahoo’s deal with Microsoft should go into effect this year, which should increase Yahoo’s profits even further
Yahoo wont collapse!
They are still making profit thats the key point!
It might not be as big as google but its still profit!
Most domainers I know using a Yahoo fed’ parking Co are satisifed to very satisfied…