Yahoo! revenues up 2% in Q4

News Broadband Global 29 JAN 2013
Yahoo! revenues up 2% in Q4

Yahoo! reported fourth-quarter revenue up 2 percent year-over-year to USD 1.3 billion. Revenue excluding traffic acquisition costs increased 4 percent to USD 1.2 billion, and adjusted EBITDA rose 8 percent to USD 509 million. Income from operations decreased 22 percent to USD 190 million, while adjusted operating profit improved to USD 283 million from USD 259 million a year earlier. 

Net earnings fell 8 percent to USD 272 million, while the adjusted net profit was up 20 percent to USD 370 million. EPS of USD 0.23 was down slightly from USD 0.24 a year ago, and non-GAAP net earnings per diluted share rose to USD 0.32 from USD 0.25. 

Display revenue decreased 3 percent to USD 591 million. Display revenue ex-TAC decreased 5 percent to USD 520 million. Ads sold on core Yahoo! Properties during the quarter decreased 10 percent, and the price-per-ad on core Yahoo! Properties increased 7 percent. 

Search revenue increased 4 percent to USD 482 million, and search revenue ex-TAC increased 14 percent to USD 427 million. Paid clicks, or the number of clicks sponsored listings on Yahoo! Properties and Affiliate sites, increased 11 percent and price-per-click increased 1 percent. 

Cash, cash equivalents and investments in marketable debt securities increased by USD 3.5 billion to USD 6 billion as 31 December 2012, from USD 2.5 billion a year prior. 

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Yahoo!

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Financial figures, Portals / social media, Advertising services

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