meh

With Yet Another Flat Quarter Expected, Does Yahoo Need a Hail Mary Hulu Acquisition?

Kara Swisher in Media on July 18, 2011 at 8:22 am PT

Yahoo announces second-quarter earnings tomorrow. Does the Internet giant need a bold and crazy move to pull out of its perpetual funk?

Yahoo First-Quarter Results Are as "Meh" as Expected; Company Will Cut Five Percent of Staff (Plus the Full Press Release)

Kara Swisher in News on April 21, 2009 at 1:36 pm PT

Yahoo announced its first-quarter earnings today and results were in line with weak expectations and said it would cut five more percent out of its workforce. The company reported an eight cent per share profit, down from 37 cents a year ago. It is a 78 percent drop, though last year Yahoo had unusual investment gains in the previous quarter. Revenues in the current quarter was $1.6 billion, a 13 percent decline from last year’s $1.8 billion. Excluding sales Yahoo shares with its partners, the revenue was $1.16 billion, below the $1.2 billion estimates. The company also announced it would lay off five percent more of its workforce, or almost 700 employees. Yahoo later held a conference call, where it discussed the results and more.