Yahoo's Earnings Report Fails To Inspire

Courtesy WebProNews - Financial  Tue, 07/21/2009 - 15:12

Yahoo's released its second quarter earnings report, and the news isn't all that great.  While the company pretty much managed to match and/or beat analysts' official expectations, some discouraging numbers came out, as did some less than pleasant predictions about the future.

Let's start with the positive points, at least.  Analysts thought Yahoo might post $1.55 billion in gross revenue and earnings per share of $0.08.  Instead, it managed to post $1.57 billion and $0.10, respectively.  Net income actually...


 

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