Yahoo Fourth Quarter Profits Soar

Share this content:
Yahoo reported a fourth quarter profit yesterday of $46.2 million, or 8 cents per share, according to reports. It was the third straight quarter that Yahoo beat analysts' expectations. Analysts polled by Thomson First Call had predicted earnings of 6 cents per share.


Yahoo's fourth-quarter revenue was $285.8 million, a 51 percent increase from last year's fourth-quarter revenue of $188.9 million.


The strong results reflect an increase of revenue from both subscribers and advertisers, the company's acquisition of online help-wanted site HotJobs and its relationship with Overture Service, which provides Yahoo's ad-driven search results.


Yahoo said Overture's advertising service generated most of its fourth quarter advertising revenue.


close

Next Article in Digital Marketing

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above