Yahoo declares the glass to be half full

Iria · Jul 22, 2008, 10:05 PM

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.
________________
Source: Digital Media

Jul 22, 2008, 10:05 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 74	Yahoo declares the glass to be half full 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. ________________ Source: Digital Media

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Yahoo goes full steam ahead with 'open' strategy	CDsDontBurn	Other Tech News	0	May 2, 2008 03:54 AM
Blu-ray is the winner, Forrester declares	Iria	Other Tech News	6	Oct 19, 2005 06:44 PM
HP declares war on sharing culture	Falstaff	Other Tech News	8	Jan 11, 2004 04:23 PM
Half of Taiwan PCB makers report full utilization	Dom	Other Tech News	0	Aug 18, 2003 03:47 PM
HALF-LIFE 2: The Full Preview	NewsFactory	Other Tech News	0	May 8, 2003 10:33 AM