Welcome to WebmasterWorld Guest from 35.173.234.237

Forum Moderators: open

Message Too Old, No Replies

Yahoo Q3 Reports $1.094 billion Revenue, With Strong Performance in Mobile

     
8:40 am on Oct 22, 2014 (gmt 0)

Administrator from GB 

WebmasterWorld Administrator engine is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:May 9, 2000
posts:26245
votes: 999


There's strong growth reported in mobile. We all know how important mobile is to anyone with a net presence, but it's even more important to yahoo where desktop display revenues were in decline.

"We had a good, solid third quarter. We delivered $1.094 billion in revenue ex-TAC and $1.148 billion in GAAP revenue. This represents 1% growth in revenue ex-TAC and 1% growth in GAAP revenue. We achieved this revenue growth through strong growth in our new areas of investment - mobile, social, native and video - despite industry headwinds in some of our large, legacy businesses," said Marissa Mayer, CEO of Yahoo. "I am also pleased to report today that our revenue in mobile is now material. In Q3, we saw mobile revenues in excess of $200 million on a GAAP basis. Further, we estimate that our gross revenues in mobile will exceed $1.2 billion in revenue this year. We have invested deeply in mobile and we are seeing those investments pay off. Not only are our mobile products attracting praise and engagement from users and industry awards, they are generating meaningful revenue for Yahoo." Yahoo Reports Third Quarter 2014 Results [investor.yahoo.net]
 

Join The Conversation

Moderators and Top Contributors

Hot Threads This Week

Featured Threads

Free SEO Tools

Hire Expert Members