Powersellersunite Power Sellers Unite
Bringing Buyers and Sellers Together
 

Yahoo Earnings Nearly Triple as Sales of Display Ads Surge
Click here to go to the original topic

 
       Power Sellers Unite Forum Index -> News
::  
Author Message
elgato



Joined: 24 Feb 2005
Posts: 12119
Location: Texas

Posted: Fri Apr 23, 2010 2:33 pm    Post subject: Yahoo Earnings Nearly Triple as Sales of Display Ads Surge  

SUNNYVALE, Calif. (AP) — First-quarter earnings for the Internet company Yahoo nearly tripled as its revenue edged up for the first time in more than a year.

The results, released Tuesday, represented the best quarterly performance for Yahoo since it hired Carol A. Bartz as chief executive to engineer a turnaround 15 months ago. The performance reflected an increase in online advertising, the main source of Yahoo’s income. Advertisers have been spending more freely amid signs that the economy has emerged from its worst recession in more than 70 years.

Display advertising, a category that includes online billboards and other visual marketing campaigns, surged 20 percent from last year, the company said.

Yahoo earned $310.2 million, or 22 cents a share, in the January-March quarter. That compared with $117.6 million, or 8 cents a share, a year ago.

more.. link to news article
Back to top  
 
       Power Sellers Unite Forum Index -> News
Page 1 of 1




Powered by phpBB © 2001, 2002 phpBB Group