Yahoo Q2 profit down as display ad growth slows
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Blog: Slowing growth in display advertising led to a nearly 2 percent drop in net profit for Yahoo in the second quarter.
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Yahoo, struggling to compete with Google on search and advertising and to adapt to recent changes in management, said yesterday that second-quarter profit dropped 2.3 percent.
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Early returns from search ad agencies using Yahoo's new ad platform show improvement, but it's still too early to declare it a winner.
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Google lost ground in the U.S. Internet advertising market for the first time in two years during 2007 due to&#160;slower growth in the fourth quarter, market researcher IDC said Monday.The Internet search giant saw advertising sales growth slow to 40 percent year-on-year in the fourth quarter, down from 50 percent year-on-year in the third quarter, IDC said. That blip cut Google&#39;s advertising market share in the U.S. to 23.7 percent in the fourth quarter, down 0.5 percentage points from the third quarter.The decline comes despite continued strong growth in Internet advertising in the U.S., according to IDC.U.S. Internet advertising few 27 percent year-over-year in 2007 to $25.5 billion, while total U.S. Internet ad spending in the fourth quarter alone rose 28 percent compared to the same time in 2006, IDC said. Companies continue to shift ad spending to online media from traditional media, according to the market research company.Google&#39;s fourth quarter decline could spell opportunity for its rivals.A&#160;merger between Microsoft&#39;s Internet businesses and Yahoo&#160;would give the combined company a market share of 17 percent in the U.S. Internet advertising market based on fourth quarter data, IDC said in a statement. While the figure would leave Microsoft-Yahoo behind, &quot;it would give them a much better fighting chance than if they went it alone,&quot; IDC said.Google could not immediately be reached for comment on the IDC report.&#160;
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Yahoo Inc. reported on Tuesday a  quarterly net profit that more than tripled from the year  earlier, boosted by the sale of shares it held in rival Google  Inc. and stronger online ad revenue that analysts said may  signal good results from other Web search providers.
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A slowing U.S. economy may already be impacting Yahoo's Web advertising sales growth, the head of the company said Tuesday, a trend that does not bode well for other ad-supported Internet sites.
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A continuing decline in advertising revenue pushed second quarter profits lower at two major publishers.
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By MICHAEL LIEDTKE  SAN FRANCISCO - Yahoo Inc.'s month-old upgrade to its advertising formula for making money from online search requests so far has done more to lift the Internet powerhouse's morale than its finances, the company's two top executives said Tuesday.
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Internet media company Yahoo Inc. reported on Tuesday a quarterly net profit more than tripled from the year earlier, boosted by stronger online advertising and the sale of its stake in Google Inc.
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But the market expected it! Yahoo! today reported a slight drop in quarterly profits from last year, but a figure in line with previously lowered expectations. The company's second quarter results are the first dose of earnings to arrive since co-founder Jerry Yang replaced Terry Semel as CEO.â¦
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Design software maker Adobe  Systems Inc.  on Thursday posted lower second-quarter  net income, weighed down by higher costs related to its  acquisition of Macromedia.
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Google Inc.  said on  Thursday second-quarter net profit more than doubled as the Web  search leader dodged a trend of slowing growth that has hurt  rivals Yahoo  and eBay .
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SAN FRANCISCO/NEW YORK  - Yahoo Inc  posted a drop in quarterly profit on Tuesday and forecast 2008 revenue below Wall Street forecasts as it cuts jobs and invests to shore up its Web advertising business.
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Yahoo Inc.  on Tuesday reported its quarterly profit nearly quintupled as online advertising took business from television, search services grew and Yahoo sold a stake in rival Google Inc.
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Yahoo Inc.  said on Tuesday  the company expects third-quarter revenues to be at the bottom  half of its forecast range due to weakness from its two biggest  advertising segments, sending its shares down as much as 13  percent.
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Yahoo continued to ride the growth of online advertising in the third quarter, but more than half its profit in the quarter came from the success of its rival Google.
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Yahoo reported a drop in quarterly profit and its shares fell nearly 7 percent as Chief Executive Jerry Yang predicted a tough 2008 amid a weakening U.S. economy.