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Yahoo Has a Good Quarter (Financially)

         

rubble88

9:25 pm on Oct 9, 2002 (gmt 0)

10+ Year Member



Yahoo reports profit on higher revenue
Article here [news.com.com]

Offical News Release Here [docs.yahoo.com]

jeremy goodrich

4:15 pm on Oct 10, 2002 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Yep, they had a great quarter. Small business services they cited as part of it, right?

Should be interesting to see how their next quarter goes - will submissions slow down or stop? Will revenue in the end rise, because of more overture listings?

Only time will tell...

john316

4:25 pm on Oct 10, 2002 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



"Rohan estimated that Overture contributed about $25 million to Yahoo's revenue line."

It should double next quarter due to the recently improved google algo.

I guess if you got whacked in the last google update, you could possibly make it back based on the revenue projections/google tweaks (hint: buy yhoo). It's probably an easier buck than staring into algo anamolies.

Just what I always wanted: An optimized stock price indicator!