Yahoo Releases First Marissa Mayer-Era Earnings Statement for Q3
Yahoo has released its first quarterly earnings statement since Marissa Mayer left Google to become the company's new president and CEO. Mayer, as well as the analysts, are calling the third quarter a "solid" one for the company, which slightly exceeded expectations at $1.089 billion in revenue and a 2 percent increase over last year.
Yahoo has released its first quarterly earnings statement since Marissa Mayer left Google to become the company’s new president and CEO. Mayer, as well as the analysts, are calling the third quarter a “solid” one for the company, which slightly exceeded expectations at $1.089 billion in revenue and a 2 percent increase over last year.
From the earnings statement:
Revenue excluding traffic acquisition costs (“Revenue ex-TAC”) was $1,089 million for the third quarter of 2012, a 2 percent increase compared to the third quarter of 2011.
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