Scalper1 News
Meeting industry expectations for muted earnings and sales, Yahoo (YHOO) late Tuesday posted Q2 EPS that feel short of Wall Street estimates, but revenue slightly beat consensus views. The struggling Internet search company also continues to pursue a proposed tax-free spinoff of its 15% stake in China Internet e-commerce giant Alibaba Group (BABA). “I’m extremely pleased with our achievements in Q2, with revenue growing 15% year-over-year, marking Scalper1 News
Scalper1 News