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Yahoo! Inc. Message Board

  • milbergerandviess milbergerandviess Apr 17, 2013 1:14 AM Flag

    Yahoo to file bankruptcy on the open!

    Second-quarter revenue, excluding money passed to partner sites, will be as much as $1.09 billion, Sunnyvale, California, based Yahoo said yesterday on its website. Analysts on average had projected revenue of $1.11 billion, according to data compiled by Bloomberg.

    First quarter net income attributable to Yahoo increased 36 percent to $390.3 million, or 35 cents a share, from $286.3 million, or 23 cents, a year earlier, the company said in a statement.

    Profit excluding 3 cents related to stock-based compensation was 38 cents a share, compared with 27 cents a year earlier, Yahoo said. The company began excluding stock-based compensation from earnings per share in the first quarter. Analysts had estimated 25 cents, on average, according to data compiled by Bloomberg.

    Sentiment: Strong Buy

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