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NEW YORK Yahoo! reported this afternoon that its second-quarter net income more than doubled on revenue of $832 million.
The Sunnyvale, Calif.-based company posted Q2 net income of $113 million, or 8 cents per diluted share, up from $51 million, or 4 cents per diluted share, in the year-ago quarter. Revenue increased 159 percent to $832 million from $321 million in the year-earlier period, while revenue excluding traffic acquisition costs rose 90 percent to $609 million.
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