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

Wednesday 19 April 2017 | 08:00 CET | News
Yahoo said revenues for the first quarter advanced to USD 1.327 billion from 1.087 billion the year before, with the net result reaching USD 99 million, higher than the loss of 99 million recorded the year before, but lower than the 162 million gain in the fourth quarter. Earnings per diluted share went up to USD 0.10 from a loss of 0.10 year-on-year while the adjusted EBITDA lifted to USD 188 million from 147 million. CEO Marissa Mayer said the company was now entering its final quarter as an independent company and that it was planning its integration with Verizon, which agreed in July to

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Categories: Internet
Companies: Verizon / Yahoo
Countries: World
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