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Marissa Mayer's Yahoo! Is Doing it Right

Michael Lewis
April 18, 2013

Internet innovator-turned-dinosaur-turned-innovator Yahoo! (NASDAQ: YHOO) reported results this week that crushed analyst estimates on the bottom line, but fell short on revenue and guidance. This sent the stock down five points early, but it recovered most of it by the next day. In the continued turnaround of the company, Wall Street has again failed investors with shortsighted opinions. Yahoo!'s growth may indeed be slower than we want it to be in the coming months, but that doesn't speak of the company's recent accomplishments, nor of its long-term outlook. Here's why Yahoo! is still a great company to own.

Earnings recap
For the first quarter of 2013