Yahoo may have had some bumps in its second quarter, but it's not backing down from forecast for the rest of the year.
The Internet pioneer edged below analyst expectations for its second quarter for both revenue and earnings per share. Specifically, revenue excluding commissions increased 8 percent to $1.346 billion, shy of the $1.37 billion analysts had expected, and net income was 10 cents per share excluding various items, compared with 11 cents expected by analysts surveyed by Thomson Reuters.
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Source: Digital Media
