Dismiss Notice
Welcome to Our Community
Wanting to join the rest of our members? Feel free to sign up today.

Yahoo profit drops

Discussion in 'Search Engine Optimization' started by temi, Oct 17, 2007.

  1. temi

    temi Facilitator Webmaster

    Yahoo posted a slight drop in quarterly net profits on Tuesday due to weak spending from corporate advertisers, while investors waited for a signal on the company's next moves after a 100-day strategic review.
    Yahoo said its third-quarter net profit fell to $151 million, or 11 cents per share, from $158.5 million, or 11 cents per share, in the year-ago period when the company had significantly more shares outstanding.
    Gross revenue rose 12 percent to $1.77 billion. Excluding the cost of payments to advertising partners, revenue rose 14 percent to $1.28 billion.

    full story
  2. stevekristen

    stevekristen New Member Webmaster

    Yeah, I know a little bit about today i read article in which i read that Yahoo are not getting the expected from kelkoo. SO i think it is not happy with the kelkoo performance.

    It might be the reason for the yahoo drop profit.
  3. technologyslice

    technologyslice New Member Webmaster

    They're planning on laying off quite a few employees too.

Featured Resources (View All)

Share This Page