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NEW YORK Yahoo said its first-quarter earnings more than doubled, thanks to more money coming to online advertising.
The Sunnyvale, Calif., company said it had net income of $205 million, up from $101 million in the previous year. Revenue was up 55 percent to $1.2 billion. Excluding revenue shared with search partners, Yahoo had revenue of $821 million.
Yahoo said its marketing revenue rose 44 percent to top $1 billion in the quarter. The company did not break out sales from search and brand advertising, although CEO Terry Semel told analysts in a conference call that growth came across the board.
According
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