Yahoo Q1 EPS, Revenue Miss Expectations, Stock Down

By | April 21, 2015

Scalper1 News

Web portal Yahoo (YHOO), struggling the past seven years to reignite growth, late Tuesday post Q1 results that missed on the top and bottom lines, and shares fell late. The company reported earnings per share minus items of 15 cents, down 61% from the year-earlier quarter. Revenue minus TAC (traffic acquisition costs) fell 2.8% to $1.04 billion. GAAP revenue, though, rose 8%, to $1.23 billion. GAAP display revenue rose 2%, the first time Yahoo had Scalper1 News

Scalper1 News