Marissa Mayer's Yahoo Revitalization Continues
by Valuentum
Monday afternoon, former tech darling Yahoo! (YHOO) reported solid fourth-quarter results. Revenue jumped 2% year-over-year to $1.35 billion, and revenue ex-TAC (traffic acquisition costs) came in at $1.2 billion, a 4% year-over-year increase that was in line with consensus expectations. Operating earnings per share jumped 28% year-over-year to $0.32, easily exceeding consensus estimates. read more »
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