Earnings Report Gives Yahoo’s New Chief a Good Start

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Net income in the third quarter rose to USD 3,16 billion, but mainly because of the sale of the Alibaba stake (for USD 2,8 billion). Revenues are still stagnant at USD 1,2 billion for the last quarter and income from operations decreased 14 percent to USD 152 million. – But Yahoo still has 700 million users each month…

Full story: Earnings Report Gives Yahoo’s New Chief a Good Start – NYTimes.com.

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