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Yahoo profit rises by 46 percent, although sales still drag

2013-07-17 13:35:43| InfoWorld: Top News

Yahoo's profits rose by 46 percent in the second quarter, aided by nearly a dozen product launches, although sales at the company were still down. Net earnings for the quarter ended June 30 were $331 million, up from $227 million for the same quarter last year, Yahoo reported Tuesday.

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