Yahoo's Q3 revenue grows while profits drop 5%

Share this content:

Last week , Yahoo Inc. reported $1.77 billion in revenue for the third quarter earnings this year. But, while this revenue represents a gain of 12% for over last year, profits are down.

The online giant reported a profit of $151.3 million in the third quarter of 2007, down 5% from this period in 2006.

Yet, marketing services revenues managed to grow 13% from 2006. For the third quarter of 2007, the firm reported $1,544 million in marketing revenue versus $1,370 million in 2006.

This comes after the acquisition of a number of marketing services firms this past year including Zimbra, an online ad network, and e-mail marketing firm Blue Lithium.

Last week, Yahoo partnered with online health information site WebMD, taking on responsibility for the search and advertising distribution agreements for the health site and its properties.

The third quarter was co-founder Jerry Yang's first as Yahoo's CEO since chairman Terry Semel stepped aside in mid-June. The company has seen reorganization of its sales team in the past months.


Next Article in Digital Marketing

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

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