Yahoo suffers 28 per cent drop in net income
GLOBAL - Yahoo has reported first-quarter net income of US$223 million, down 28 per cent year-on-year, after a 24 per cent drop in revenue to US$1.2 billion, which the company blamed on the method it uses to account for its search tie-up with Microsoft.
by Daniel Farey-Jones
Please sign in below or access limited articles a month after free, fast registration.
If you don’t yet have an account, you can register for free to unlock additional content. For full access to everything we offer, view our subscription plans.
Sign In
Register for free
✓ Access limited free articles each month
✓ Email bulletins – top industry news and insights delivered straight to your inbox
Subscribe
✓ Unlimited access to all Campaign Asia content
✓ Real-world campaign case studies and career insights
✓ Exclusive reports, industry news, and annual features