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Yahoo! Q4 Profits Fatter Than Expected

12:07 pm on Jan 24, 2007 (gmt 0)

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Yahoo! posted fourth-quarter profits yesterday that were down more than 60 per cent from a year ago, on higher employee stock options costs and lower investment gains, but still handily beat Wall Street forecasts.

Chief executive Terry Semel said on a conference call with analysts: "We ended the year on a strong note with solid growth in revenues and operation cash flow, strong profitability and healthy growth in users and user activities."

Yahoo! Q4 Profits Fatter Than Expected [networks.silicon.com]


2:56 pm on Jan 24, 2007 (gmt 0)



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3:42 pm on Jan. 24, 2007 (utc 0)
9:50 am on Jan 26, 2007 (gmt 0)

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Great, now they'll think they are doing a good job...
2:14 pm on Jan 29, 2007 (gmt 0)

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Dont worry. Honest people see through the spin. Revenue down 61% speaks louder that a Q4 blip.