0
Broadband

Yahoo lifts revenues, profit in Q4, delays Verizon close

Tuesday 24 January 2017 | 08:45 CET | News
Yahoo said revenues for the fourth quarter lifted to USD 1.469 billion from 1.273 billion the year before, with the net result rising to a gain of USD 162 million from a loss the year earlier of 4.530 billion. Earnings per diluted share went up to USD 0.17 from a loss of 4.70 while the adjusted EBITDA lifted to USD 324 million from 215 million. The year before, the company took a goodwill impairment charge of USD 4.530 million.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Verizon / Yahoo
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Yahoo ups revenues, profit in Q1 as it nears Verizon close

Published 19 Apr 2017 08:00 CET | World
Yahoo said revenues for the first quarter advanced to USD 1.327 billion from 1.087 billion the year before, with the net result ...

Verizon secures price cut in Yahoo! takeover

Published 21 Feb 2017 16:22 CET | World
Verizon has secured a reduction of USD 350 million in the price it will pay for Yahoo's web business, while agreeing to share ...

Verizon secures cut in Yahoo! takeover price - report

Published 16 Feb 2017 09:11 CET | United States
Verizon is close to a renegotiated deal for Yahoo! that would reduce the price of the USD 4.8 billion takeover by about USD 250 ...

Verizon rapporteert minder Q4 door competitieve markt

Published 25 Jan 2017 08:54 CET | United States
Verizon heeft over het vierde kwartaal van 2016 een omzet gerealiseerd van 32,2 miljard dollar, 5,4 procent minder op jaarbasis. ...

Verizon posts lower Q4, FY results as customer growth slows

Published 24 Jan 2017 14:24 CET | United States
Verizon reported a drop in fourth-quarter and full-year results for 2016, due to the slowdown in its mobile business, and said it ...

Yahoo will be renamed Altaba, with new CEO

Published 10 Jan 2017 08:47 CET | World
Yahoo will be renamed Altaba after the sale of its web assets to Verizon for USD 4.83 billion, the company said in an SEC ...

Yahoo! more than doubles profit to USD 163 mln in Q3

Published 19 Oct 2016 08:31 CET | World
Yahoo reported a net profit of USD 163 million in the third quarter, more than double the year-earlier total of EUR 76 million, ...

Verizon says Yahoo breach could affect takeover deal

Published 14 Oct 2016 09:59 CET | World
Verizon Communications said its USD 4.83 billion acquisition of Yahoo could be affected by evidence of the massive data breach of ...

Verizon wants to pay USD 1 bln less for Yahoo - report

Published 07 Oct 2016 09:14 CET | World
Verizon has reportedly asked for a discount of USD 1 billion off its bid price of USD 4.83 billion for Yahoo, following the ...

Yahoo! confirms over 500 mln users' data hacked

Published 23 Sep 2016 08:24 CET | World
Yahoo! has confirmed that details of over 500 million of its users' accounts were stolen by what it believes was a ...

Verizon confirm takeover of Yahoo web assets for USD 4.8 bln

Published 25 Jul 2016 13:22 CET | World
Verizon has confirmed a deal to acquire Yahoo!'s web activities for USD 4.83 billion in cash. The acquisition sees Verizon expand ...