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First Quarter Earnings Topics

Yahoo's Profit Jumps 36%

Yahoo said its profit rose 36% as the struggling Internet pioneer showed signs of continuing its slow but steady rebound under Mayer. But its shares fell after-hours on signs of decay in sales of display ads.

 

Yahoo's 1Q earnings rise 28 pct to top Street view

Yahoo's first-quarter results showed signs of modest progress under recently hired CEO Scott Thompson.

 

AOL’s Q1: Display Ad Revenues Finally Going Up, But Profits Are Down 86 Percent

Our parent company AOL has just released its quarterly earnings for Q1 2011, and it’s a mixed bag (again). Revenue came in at $551.4 million, which is better than most analysts had anticipated – the company was expected to earn $0.17 per share on revenues of $536.35 million. Actual earnings came in at $0.04 per share, down 86 percent.

 

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