Yahoo 1Q EPS 37c Vs EPS 10c, Rev Rises 8.7% to $1.82B >YHOO
Yahoo 1Q EPS 37c Vs EPS 10c, Rev Rises 8.7% to $1.82B >YHOO
Last Update: 4/22/2008 4:43:17 PM
Analysts surveyed: 25
Thomson Reuters EPS estimates can reflect either net income, operating income or
funds from operations.
The company’s earnings figure is on a diluted basis. Thomson Reuters assumes
earnings estimates from analysts are on a diluted basis.
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DOW JONES NEWSWIRES
Yahoo Inc. (YHOO) said Tuesday its first-quarter net income rose to $542 million,
or 37 cents a share, from $142 million, or 10 cents a share in the same period a
year earlier.
The recent period’s earnings include a gain of $401 million related to the IPO of
Alibaba.com, in which Yahoo has an ownership stake.
Meanwhile revenue in the period ended in March rose 8.7% to $1.82 billion from
$1.67 billion.
Yahoo’s net revenue, or revenue excluding payments made to other Web sites to
acquire traffic, rose to $1.35 billion.
Excluding special items, Yahoo said earnings were 11 cents a share. Analysts had
estimated Yahoo would post earnings of 9 cents a share, and $1.32 billion in net
revenue, according to Thomson Reuters.
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