free html hit counter Yahoo Earnings Jump, Stock Does the Splits | John Battelle's Search Blog

Yahoo Earnings Jump, Stock Does the Splits

By - April 07, 2004

yhoomgrarsgif.gifYahoo announced earnings (PDF) just now, and the numbers were stronger than expected. The company earned $132 million on revenues of $758 million ($550 excluding TAC), up from $55 million on $283 million a year ago. EPS came in at .14, the street was expecting .11. The stock is up more than 10% in after hours trading. If you want to download their presentation on their earnings, click this link. The company posted strong gains across nearly all the core metrics – uniques, active users, cash flow, international revenue …etc.

To add to the euphoria, Yahoo announced a 2 for 1 stock split, and boosted guidance. The conference call is slated for a half hour from now.

(Thanks for SEC nod, Gary)

Related Posts Plugin for WordPress, Blogger...

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>