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Yahoo! revenues up 2% in Q4

2013-01-29 08:38:00| Telecompaper Headlines

(Telecompaper) Yahoo! reported fourth-quarter revenue up 2 percent year-over-year to USD 1.3 billion. Revenue excluding traffic acquisition costs increased 4 percent to USD 1.2 billion, and adjusted EBITDA rose 8 percent to USD 509 million. Income from operations decreased 22 percent to USD 190 million, while adjusted operating profit improved to USD 283 million from USD 259 million a year earlier. Net earnings fell 8 percent to USD 272 million, while the adjusted net profit was up 20 percent to USD 370 million. EPS of USD 0.23 was down slightly from USD 0.24 a year ago, and non-GAAP net earnings per diluted share rose to USD 0.32 from USD 0.25.

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