Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
NEW YORK Yahoo said its second-quarter earnings rose sharply as the Web portal benefited from strong demand for Internet brand and search advertising.
The Sunnyvale, Calif., company reported net income of $192 million, excluding $563 million generated through the sale of an investment, up 70 percent from a year earlier. Quarterly sales, excluding fees paid to Yahoo’s search distribution partners, were $875 million, a 44 percent improvement from last year’s second quarter. Yahoo’s revenues were in the middle range of its projections given last quarter.
Yahoo
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in