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In its second-quarter report today, Yahoo said that earnings were off more than expected while revenue saw a slight improvement from estimates.
Revenue at Yahoo was expected to decline slightly to $1.03 billion and adjusted earnings per share at 18 cents, a 51 percent decline from last year. 246 more words
It was a softball question—the easiest one she was asked. “In three to five years, where do you see Yahoo’s revenue coming from?” CEO Marissa Mayer had already fielded 30 minutes of repetitive, nit-picky questions from analysts, none of whom even bothered with the kiss-up statements of congratulations that usually accompany a quarterly earnings call. 607 more words