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

PAN Communications is an award-winning integrated marketing and public relations agency for B2B technology and healthcare brands. PAN's data-driven approach allows the firm to specialize in public relations, social media, content and influencer marketing, and data and analytics. PAN partners with brands to create unique, integrated campaigns that captivate audiences and drive measurable results. PAN services clients out of the firm's four offices: Boston, San Francisco, New York City and Orlando.

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