Wednesday, April 21, 2010

Yahoo Doubles Up on Earnings

Yahoo reported some great earnings for the quarter. However the earnings are so impressive on the surface because of one time non reoccurring payments from Microsoft as agreed in the Yahoo Search and Microsoft Bing Deal.




Yahoo reported 310 million in profit for the last three months. This comes to 22 cents per share.



The same period last year was almost 118 million or 11 cents per share.



Yahoo now has 16.9 % of the Internet search market which has been trending up. Carol Bartz the CEO expects this market share figure to increase.

 
 
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