Yahoo's Q1 Revenue Jumps 47 Percent

Share this article:
Yahoo Inc., Sunnyvale, CA, reported yesterday that net revenue during the first quarter was $282.9 million, up 47 percent from $192.7 million posted in the same year-ago period.


Marketing services revenue was $190 million, a 38 percent jump from the same period last year while fees revenue totaled $63.7 million, 61 percent above the comparable year-ago quarter. The company said this increase was primarily driven by the growth in paying customers for Yahoo's premium services, including the new SBC Yahoo DSL and Dial products, Yahoo Personals and its communications suite of premium services.


Listings revenue were $29.3 million, an 89 percent jump compared to the same period in 2002. This increase was due primarily to revenue from HotJobs, which was acquired in February 2002.


Operating income reached $55 million compared to an operating loss of $4.2 million in the same period a year ago. Operating income was 19 percent of total revenues compared to an operating loss of 2 percent of revenues a year ago.


Net income totaled $46.7 million compared with a net loss of $53.6 million a year ago.


Share this article:
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

Is the Next Mobile Already at Hand?

Is the Next Mobile Already at Hand?

Researchers quibble about just how big the Internet of Things is going to be, but a new report says it's going to be huge and that marketers need to pay ...

Sony Brings Data to Outdoor Advertising

Sony Brings Data to Outdoor Advertising

Norwegian moviegoers got front-row seats when Sony took dynamic digital ads off the Web and into theaters.

Ramp Introduces Video Platform for Marketers

Ramp Introduces Video Platform for Marketers

The cloud-based platform syncs with marketing automation and capitalizes on user behavior to extend view times.