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Yahoo Q2 revenues jump 15% but net loss spans USD 22 mln

Wednesday 22 July 2015 | 09:30 CET | News
Yahoo said second quarter revenues rose 15 percent from the year before to USD 1.24 billion, ts strongest growth in almost nine years. The net loss however amounted to USD 22 million or a loss per share of 0.02, from a gain the year earlier of 270 million or 0.26 per share. Adjusted EBITDA also slipped, to USD 262 million from 340 million. CEO Marissa Mayer said the company's transformation continued to make great progress, with the Mavens investment businesses across mobile, video, native and social growing to nearly USD 400 million in revenues, up 60 percent from the year before. Non-Mavens

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Categories: Internet
Companies: Yahoo
Countries: World
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