Yahoo! Q4 Profits Fatter Than Expected

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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]

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3:42 pm on Jan. 24, 2007 (utc 0)

[rise2it]

Great, now they'll think they are doing a good job...

[bigjohnt]

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