Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Yahoo! Q1 Revenue Dips, Net Rises

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Yahoo! (NASDAQ: YHOO  ) results for the Internet titan's Q1 have been released. For the quarter, revenue was $1.14 billion, a 7% drop from the $1.22 billion in the same period the previous year. Attributable net profit, on the other hand, rose by 36% to $391 million ($0.35 per diluted share) from Q1 2012's $287 million ($0.27).

The just-released figures exceeded the average analyst estimates of $1.1 billion and $0.24 EPS.

Yahoo!'s profit jump was largely due to the performance of one of its key assets, the successful Chinese e-commerce company Alibaba (it owns a 24% stake in the firm). Meanwhile, Yahoo!'s revenues from its core services declined on a year-over-year basis. Its display-ad revenue fell 11% from Q1 2012's result to land at $455 million, while its take from search advertising dropped 10% to $425 million.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2367158, ~/Articles/ArticleHandler.aspx, 3/6/2015 7:34:37 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Eric Volkman

Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.

Today's Market

updated Moments ago Sponsored by:
DOW 17,856.78 -278.94 -1.54%
S&P 500 2,071.26 -29.78 -1.42%
NASD 4,927.37 -55.44 -1.11%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

3/6/2015 4:00 PM
YHOO $43.44 Down -0.72 -1.63%
Yahoo CAPS Rating: ***