TECH NEWS: Yahoo Wins $ 1.1 billion in the second quarter of its fiscal year

Saturday, July 20, 2013

Yahoo Wins $ 1.1 billion in the second quarter of its fiscal year

Yahoo Wins $ 1.1 billion in the second quarter of its fiscal year


Second-quarter earnings to Yahoo Yahoo Wins $ 1.1 billion in the second quarter of its fiscal yearYesterday afternoon, Yahoo announced the latest report of the profits of a quarter of the second annual, and while the company has experienced high for the price of ensuring increased by 73% during the reign of Marissa Mayer - CEO of Yahoo - but Meyer did not see that the profits made gains what is looking for investors and, in general, they are not convinced of the foundation that the results of the second quarter has already borne fruit.
Won the U.S. company $ 1.07 billion for the quarter last year, which is considered a 1% increase from the same quarter of the previous year, and net profit of the second quarter, $ 331 million, an increase of 46% from the same period in 2012, and this means that the earnings per share Yahoo amounted to $ 0.30 in the second quarter, analysts have predicted that the company will report thirty cents a share in profit and $ 1.08 billion of revenue.
The company is still struggling to achieve real gains in revenue, having seen declines unique in the number of visitors during the past year, as well as the challenges in the field of advertising, but Meyer is still optimistic, pointing to increasing users' movement and the focus of a new phone applications Mobile.
Are there any of you who feel the existence of Yahoo on your smart phone? Whatever the case, Yahoo deserved tribute to climb to the top again.