{"id":1126,"date":"2008-04-22T21:43:12","date_gmt":"2008-04-22T21:43:12","guid":{"rendered":"tag:www.legitreviews.com:\/\/93ce0b160954ef30191798a6ab098a81"},"modified":"2008-04-22T21:43:12","modified_gmt":"2008-04-22T21:43:12","slug":"yahoo-1q-profit-rises-but-it-might-not-thwart-microsoft","status":"publish","type":"post","link":"https:\/\/computerhunter.us\/?p=1126","title":{"rendered":"Yahoo 1Q profit rises, but it might not thwart Microsoft"},"content":{"rendered":"<p> Yahoo Inc. delivered first-quarter results that surpassed analysts&#39; modest expectations, but the performance might not be enough to fortify the Internet pioneer&#39;s defense against Microsoft Corp.&#39;s takeover bid. The Sunnyvale-based company said Tuesday that it earned $542.2 million, or 37 cents per share, more than tripling from its profit of $142.4 million, or 10 cents per share, at the same time last year.<\/p>\n<blockquote>\n<p>Most of the first-quarter improvement stemmed from a one-time gain of $401 million generated by Yahoo&#39;s stake in the parent company of Alibaba.com, a leading e-commerce site in China.<\/p>\n<p>If not for the Alibaba windfall, Yahoo would have earned 11 cents per share  comparable to its profit at the same time last year, on an apples-to-apples basis.<\/p>\n<p>The results were 2 cents above the average estimate among analysts surveyed by Thomson Financial.<\/p>\n<p>Revenue climbed 9 percent to $1.82 billion.<\/p>\n<p>After subtracting commissions paid to Yahoo&#39;s advertising partners, the revenue totaled $1.35 billion  just $30 million ahead of analysts&#39; average projection.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p> Yahoo Inc. delivered first-quarter results that surpassed analysts&#39; modest expectations, but the performance might not be enough to fortify the Internet pioneer&#39;s defense against Microsoft Corp.&#39;s takeover bid. The Sunnyvale-based company said Tuesday that it earned $542.2 million, or 37 cents per share, more than tripling from its profit of $142.4 million, or 10 cents per share, at the same time last year.<\/p>\n<blockquote>\n<p>Most of the first-quarter improvement stemmed from a one-time gain of $401 million generated by Yahoo&#39;s stake in the parent company of Alibaba.com, a leading e-commerce site in China.<\/p>\n<p>If not for the Alibaba windfall, Yahoo would have earned 11 cents per share  comparable to its profit at the same time last year, on an apples-to-apples basis.<\/p>\n<p>The results were 2 cents above the average estimate among analysts surveyed by Thomson Financial.<\/p>\n<p>Revenue climbed 9 percent to $1.82 billion.<\/p>\n<p>After subtracting commissions paid to Yahoo&#39;s advertising partners, the revenue totaled $1.35 billion  just $30 million ahead of analysts&#39; average projection.<\/p>\n<\/blockquote>\n<p> <a href=\"https:\/\/computerhunter.us\/?p=1126\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":43,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1126","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/computerhunter.us\/index.php?rest_route=\/wp\/v2\/posts\/1126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/computerhunter.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/computerhunter.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/computerhunter.us\/index.php?rest_route=\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/computerhunter.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1126"}],"version-history":[{"count":0,"href":"https:\/\/computerhunter.us\/index.php?rest_route=\/wp\/v2\/posts\/1126\/revisions"}],"wp:attachment":[{"href":"https:\/\/computerhunter.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/computerhunter.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/computerhunter.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}