No account? Sign up

Get Breaking News, Trending News, Informative news weekly

Yahoo Reports Q1 2014 Financial Results
close

Were adding new stuff like this all day long

Like us on Facebook to stay on top of new trending and useful updates just like this one.

I'm already eProfits fan! Please
close

Were adding new stuff like this all day long

Follow us on Twitter to stay on top of new trending and useful updates just like this one.

I'm already eProfits follower! Please
close

Were adding new stuff like this all day long

Like us on Google to stay on top of new trending and useful updates just like this one.

I'm already eProfits fan! Please
close

Were adding new stuff like this all day long

Follow us on LinkedIn to stay on top of new trending and useful updates just like this one.

I'm already eProfits follower! Please
close

Were adding new stuff like this all day long

Follow us on Pinterest to stay on top of new trending and useful updates just like this one.

I'm already eProfits follower! Please
Use your keyboard keys ( ) to browse more stories.
More stories

Yahoo Reports Q1 2014 Financial Results

Yahoo's first quarter performance of 2014 is encouraging. Even though revenue is down 1%, Yahoo's CEO, Marissa Maye...

Yahoo Reports Q1 2014 Financial Results

Yahoo's first quarter performance of 2014 is encouraging. Even though revenue is down 1%, Yahoo's CEO, Marissa Mayer, said she was “really pleased by our first quarter performance, marking our best Q1 revenue ex-TAC since 2010.” Yahoo's overall Q1 outcome marks a small growth, hence a small win.

 

Yahoo reported $1,133 million in revenue in the 2014 Q1, which is a one percent decline from Q1 2013 revenue of $1,140 million. Revenue without traffic acquisition costs (revenue ex-TAC) for 2014 first quarter is $1,087 million, marking a one percent rise from last year's same quarter revenue of $1,074 million.

 

Yahoo's first 2014 quarter income from operations is $30 million, which is an 84% slump compared to last year's first quarter income of $186 million.

 

Yahoo's net earnings for 2014 first quarter are $312 million, a 20% drop from last year's earnings for the same quarter of $390 million. Q1 2014 net earnings per diluted share is $0.29, or a 17% decline from last year's first quarter earnings per diluted share of $0.35.

 

Image Source

 

Most of Yahoo's good performance came from the company's stake in Alibaba, the Chinese e-commerce giant. Yahoo's earnings in equity interests is $301 million, which is a 39% increase from last years' earnings of $218 million.

 

Yahoo didn't announce any revenue from Tumblr, the social platform Yahoo bought for $1.1 billion, although Mayer said there was 122% user growth on Tumblr.

 

The Sunnyvale-based company has launched new products (Yahoo Food and Yahoo Tech), and has provided optimization for iOS7 (Yahoo Sports), iPhone and iPod Touch (Yahoo News Digest). Yahoo has also introduced Yahoo Advertising, as well as an array of mobile, web and video ad products.

 

Use your keyboard keys ( ) to browse more stories.
© 2017 eProfits.com All rights reserved.