Yahoo Q4 Revenue, Display Ad Revenue, Fall

By | January 28, 2014

Scalper1 News

Yahoo late Tuesday reported another decline in revenue, hurt by a drop in display ad revenue, and the stock fell in after-hours trading. The Web portal’s Q4 earnings per share trumped Wall Street estimates, while sales were in line. The company forecast a slight gain in revenue in the current quarter, with CEO Marissa Mayer, in a webcast presentation, saying momentum should pick up in the second half of the year. “As expected, Yahoo reported muted Scalper1 News

Scalper1 News