Yahoo Reports Rise in Quarterly Revenues -- Finspreads
(firmenpresse) - LONDON -- (Marketwire) -- 01/29/13 -- : Yahoo has revealed a rise in revenue for the fourth quarter of 2012, totalling a sum of $1.35 billion (£ 860 million), a rise of two per cent in comparison to the year before.
Net income was still down by eight per cent to $272.3 million, but was due to a one-off accounting charge.
The announcement saw the company's shares gain by 4.5 per cent in after-hours trading in New York.
It comes as a welcome relief for the company, which is visited by 700 million users a month.
Despite being an established name in its industry, the company shed over 1,000 jobs during the last year, and was long divided over whether it should focus on media content or tools and technologies.
Chief executive Marissa Mayer joined the company from Google last July, choosing to mainly focus on mobile and social networking services.
Many analysts have attributed the recent figures for Yahoo's fourth quarter to her successful leadership.
At the end of after-hours trading in New York, Yahoo's shares were valued at $20.95, a rise of 2.95 per cent.
Learn more at Finspreads.
At Finspreads, we understand that keeping our spreads as tight as possible helps to keep dealing costs low, so you can maximise your profit potential.
We therefore offer consistently tight spreads on over 12,000 markets globally, including indices, shares, currencies, commodities and more.
, including the FTSE 100, Wall Street, Germany 30 and France 40 during market hours, whilst offering spreads from as low as 0.8 pips on EUR/USD and 1 pip on GBP/USD.
Your losses are magnified in exactly the same way as your gains if the market moves against you and can result in losses exceeding your initial outlay. Please ensure you fully understand the risks involved.
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 29.01.2013 - 11:18 Uhr
Sprache: Deutsch
News-ID 223787
Anzahl Zeichen: 0
contact information:
Town:
LONDON
Kategorie:
Education Aids and Products
Diese Pressemitteilung wurde bisher 249 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Yahoo Reports Rise in Quarterly Revenues -- Finspreads"
steht unter der journalistisch-redaktionellen Verantwortung von
Finspreads (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
