Yahoo Q1 Revenue Fell 11.3 Percent to $1.09 billion

[engine]

Yahoo's revenues exceeded expectations, but fell 11.3 percent to $1.09 billion.

Yahoo reported a net loss of $99 million, or 10 cents per share, compared with a profit of $21 million, or 2 cents per share, a year ago. On an adjusted basis, Yahoo earned 8 cents per share, topping Wall Street's target of 7 cents. Yahoo Q1 Revenue Fell 11.3 Percent to $1.09 billion [reuters.com]