Yahoo meets earnings forecast; exceeds on revenue
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Yahoo Inc. significantly increased its revenue and earnings in its third quarter, the result of what the company called an accelerated pace of development for new products and services, which in turn boosted Yahoo's advertising business.
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Yahoo said that it would still meet its financial goals for the third quarter, but that its profit and revenue would be toward the bottom end of its forecast range.
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Yahoo Inc.  reported a  dip in quarterly profit on Tuesday as corporate advertisers  spent less on its online ads, and the company gave a  weaker-than-expected forecast for the rest of 2007.
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SAN FRANCISCO, Oct. 16 -- Yahoo's third-quarter profit fell less than analysts had expected, raising hopes that the slumping Internet powerhouse can deliver on the comeback promises of a new management team that took over four months ago.
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Software maker Computer  Associates  International Ltd. CA.N, on Wednesday posted  better-than-expected quarterly results and said full-year  earnings will exceed Wall Street estimates, aided by  cost-cutting.
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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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SAN FRANCISCO -- Slumping Yahoo Inc.'s fourth-quarter profit dropped less than analysts feared, but management signaled the Internet icon's turnaround efforts may still take another year to pay off.
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The $253 million profit by Yahoo met analystsÂ expectations and included $129 million related to its sale of shares in Google.
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Nasdaq Stock Market Inc.  said on Tuesday that quarterly earnings more than tripled, helped by strong trade revenue.
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Internet media company Yahoo Inc.  YHOO.O on Tuesday posted a jump in quarterly profit fueled by  online advertising revenue and the sale of an investment.
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Google impresses investors with its glowing quarterly earnings report. Also: Yahoo creates web mail to try and compete with Google & hellip;. Oracle awaits the decision of the EU to take over PeopleSoft & hellip;. and more.
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After letting investors down for several quarters, Yahoo reported better than expected earnings boosted by a years-long project to improve its search advertising system.
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Yahoo Inc. YHOO.O 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 Inc. YHOO.O said on Tuesday it   expects third-quarter revenue at the bottom half of its   forecast range due to weakness from two of its biggest   advertising segments, sending shares down as much as 13   percent.
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InfoWorld - Yahoo&#39;s net income fell year-over-year in a quarter that saw&#160;Yahoo leadership change hands&#160;amid criticism that the company failed to capitalize on the explosive growth of the search-engine advertising market.
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Microsoft&#39;s offer Friday to buy Yahoo&#160;for $44.6 billion in cash and shares put a turbulent end to a heavy earnings week in which forecasts from Internet leaders worried IT investors.
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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.