"Despite the slow ad sales, Yahoo reported that net income in the quarter rose 46 percent from the same period of 2012, to $331 million, or 30 cents a share, primarily on the growth in its investment holdings. Revenue over the same period fell 7 percent, to $1.14 billion, falling slightly short of Wall Street expectations and underscoring the company’s trouble with reviving growth in its core advertising business."Yahoo Reports a Sharp Decline in Revenue From Display and Search Advertising - NYTimes.com
Wednesday, July 17, 2013
Yahoo Reports a Sharp Decline in Revenue From Display and Search Advertising - NYTimes.com
Yahoo's stock is up ~70% since Marissa Mayer joined as CEO a year ago, although its core business continues to struggle
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