Yahoo Earnings Up, But Revenues Down

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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.

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

Comments

  1. Tim says

    I wonder when Yahoo will collapse and it will come to all of us having to deal almost exclusively with Google.

  2. MHB says

    Tim

    Yahoo’s deal with Microsoft should go into effect this year, which should increase Yahoo’s profits even further

  3. Robbie says

    Yahoo wont collapse!

    They are still making profit thats the key point!

    It might not be as big as google but its still profit!