Today : Friday - Apr 25, 2014, 10:36am (GMT+5.5)
All News  
Top News
National News
International News
Business News
Sports News
   » Cricket
   » Football
Entertainment News
Sci - Tech
Politics News
Health & Fitness
Education
Travel
Lifestyle
Gulf News
Featured
 
::| Latest News
News in Pictures

Reliance Communications has made full repayment of two loans amounting to $1 billion (around Rs 6,000 crore), during the quarter ended June 30.The repayments have been from the company's rupee resources.

Business News
 

Embattled' Yahoo's Q4 revenues soar on search advertising upswing

Tuesday - Jan 29, 2013, 02:17pm (GMT+5.5)
[+] Text [-]

Embattled' Yahoo's Q4 revenues soar on search advertising upswing

Washington - Embattled Internet firm Yahoo has reported a four percent gain in net revenue to 1.22 billion dollars in the fourth quarter, when an increase in search advertising sales offset weakness in the firm's display ad business.

Net revenue excluded fees shared with partner websites.

The company forecast net revenue of 1.07 billion dollars to 1.1 billion dollars in the current quarter, trailing the 1.1 billion dollars that Wall Street analysts expect on average.

According to Fox Business, shares in Yahoo were up 1.5 percent in after hours trade.

They had risen 4.5 percent before the revenue projections were disclosed on an analysts' conference call.

The company said on Monday its fourth-quarter net income was 272.3 million dollars, or 23 cents per share, versus 295.6 million dollars, or 24 cents per share in the year-ago period, the report said.

Excluding certain items, Yahoo said it had earnings per share of 32 cents, versus the average analyst expectation of 28 cents, the report added.





|

Rating (Votes: )   

blog comments powered by Disqus


Related Articles:
» Google breaks 2005 promise not to show banner ads on web search results
» Samsung Galaxy S4 unit sales exceeded 40 million in past six months
» Microsoft beats expectations with 17-percent profit surge in Q3
» Twitter seeks $10.9bn valuation in IPO
» BlackBerry introduces new smartphone priced at Rs.39,990
» Apple announces latest OS Mavericks for free download
» Apple unveils latest iPad Air, Macs and new OS
» India's Mars mission Nov 5
» Google accused of making `library visits` history!
» Google Doodle celebrates 216th anniversary of world’s first parachute jump
» Nokia Lumia 1320 likely to be unveiled today
» Kudankulam n-power plant generates 160 MW
» Power generation at Kudankulam n-plant begins
» Twitter considering killing no-longer profitable #Music mobile app
» Latest iPad5 to be thinner, lighter, sans TouchID
» Airtel acquires Qualcomm’s 4G company
» Google shares soar `all-time high` in Q3
» Microsoft updates Windows 8 with start button, Facebook app and better multitasking
» Kobo introduces e-reader tablets in India
» eBay forecasts lower-than-expected Q4 profit and sales
» HCL Technologies' Q1 profit rises 64 percent, tops estimate
» Online database of disease genes that could be targeted with drugs
» Iran to launch second monkey into space next month
» New genetic pathways involved in bladder cancer identified
» Explosive dynamic behaviour on Twitter similar to horde behaviour in financial market


Other Articles:
Sensex up 66 points after RBI cut rates (29th Jan, 2013)
Seafood is latest craze of Kolkata foodies (29th Jan, 2013)
India's central bank cuts key rates, eases liquidity (29th Jan, 2013)
Smartphone market is 'duopoly' of Apple, Android: Report (29th Jan, 2013)
RBI cuts interest rates for first time in 9 months (29th Jan, 2013)
Air India to re-launch Kolkata-Dhaka flights (29th Jan, 2013)
Work on Vizhinjam Port will begin this year: Minister (29th Jan, 2013)
Indian apparel show draws top US brands (29th Jan, 2013)
Akhilesh agrees to consider VAT cut on fuel for Agra flights (29th Jan, 2013)
US probes Chinese electronics makers (29th Jan, 2013)
Infosys unveils business portal (29th Jan, 2013)
S. Korea to woo one lakh Indian travellers in 2013 (29th Jan, 2013)
Citi India, IIM Lucknow hold banking workshop (29th Jan, 2013)
Investment policy revamp a priority: Akhilesh Yadav (29th Jan, 2013)
Fiscal consolidation needed for monetary easing: RBI (29th Jan, 2013)
Realty to be our largest business in 10 years: Godrej (29th Jan, 2013)
Adani Power net loss in Q3 Rs.619 crore (29th Jan, 2013)
Central Sales Tax (CST) compensation pact clears path for Goods & Services Tax (GST) (29th Jan, 2013)
The Reserve Bank expected to cut repo rate by 0.25 per cent : D Subbarao (29th Jan, 2013)
Leaseback : Air India put all its newly- acquired Boeing 787-8 Dreamliner planes for sale (29th Jan, 2013)
APSEZ to divest Australia coal terminal stake to Adanis (28th Jan, 2013)
Sundaram Finance logs 24 percent growth in profit (28th Jan, 2013)
Interest rate cut expected in RBI policy review (28th Jan, 2013)
SBT net profit up by 31 percent in Q3 (28th Jan, 2013)
Host Analytics to invest $10 million in Hyderabad facility (28th Jan, 2013)




Contact Us | Advertise with Us | Privacy Policy | Disclaimer | Terms of Use