joi, 28 ianuarie 2010

Yahoo felt the taste of profit


The company announced that revenues in the last three months fell 4% from the previous year but rose 10% over the third quarter at 1.73 billion U.S. dollars, exceeding analysts' expectations.

Company's net profit was 153 million U.S. dollars compared with losses of 303 million U.S. dollars, as they were in Q4 2008.

"Our company has a positive moment and rejoice as we enter this format in 2010," said Carol Bartz, one months ago that celebrates one year after takeover.

Yahoo results come after another positive earnings announcement from rival Google, which has surpassed Yahoo in audience the world.

Sales of display ads type of Yahoo rose 26% in the fourth quarter, the highest quarterly growth for the past four years. Income from the searches were also increased by about 8%.

Chief Executive reiterated his plan to end acquisitions. It said that will change the scheme of international operations management, and Yahoo could have three geographical divisions.

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