Yahoo's third-quarter earnings were better than expected, giving the ailing tech giant a sliver of good news amid concerns of a data breach and growing doubts about its impending acquisition by Verizon.
Results released today showed revenue in the third quarter rose to $1.31 billion, or 20 cents per share, up from $1.23 billion (15 centers per share) during the same period in 2015. The results beat expectations on an earnings-per-share basis while matching expectations for total revenue.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Spring Special
Save 30% Off an ADWEEK Subscription Today!
Already a member? Sign in