17.04.2013 02:50 Uhr, Quelle: MacNN

Yahoo disappoints street, posts continued decreasing quarterly revenue

Yahoo today released quarterly financial results that approached, but fell short of Wall Street expectations. The company's net revenue reached $1.07 billion, the low end of what the company forecast in January, with analyst estimates at $1.1 billion. Yahoo said it earned $390 million, or 35 cents a share in the first three months of the year, compared to $286 million, or 23 cents in first quarter of 2012.

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