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Yahoo to narrow focus, partner Google as profits fall

Wednesday 21 October 2015 | 08:30 CET | News
Yahoo! reported revenues for the third quarter up 7 percent year-on-year to USD 1.226 billion. Search revenue increased 13 percent to USD 509 million, after traffic acquisition costs of USD 119 million, and display revenue rose 14 percent to USD 509  million and generated USD 104 million in TAC. Mobile revenue, equal to USD 271 million, represented 24 percent of traffic-driven revenue in the third quarter, up from 20 percent a year ago. Adjusted operating profit was still down to USD 92 million from USD 156 million a year ago, and net profit dropped to USD 76 million from USD 6.77 billion in

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Categories: Internet
Companies: Alibaba / Google / Microsoft / Yahoo!
Countries: World
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