Yahoo 3Q Earnings Slides: The Good, the Bad and the Revenue Ugly
BoomTown will begin livebombing, oops, liveblogging the Yahoo third-quarter conference call with Yahoo execs and Wall Street analysts in five minutes.
Until then, please peruse the slides the Silicon Valley Internet giant has provided.
Here is a primer to the just-released results:
Net income: Slightly above investor expectations with operating margins improving nicely to 12 percent from six percent a year ago. CEO Carol Bartz sure can cut costs.
Revenue: Uh oh. Down from downer expectations to $1.12 billion, which is minus traffic acquisition costs. Bartz sure needs to juice the advertising sales team.
Page-view growth: Also down four percent. Time to prod the editorial and products team.
Employees: Up seven percent to 14,100.
Owned and Operated Search Revenue: Down seven percent.
O&O Display Revenue: Up 17 percent.
Big plus: Yahoo’s Japan and China assets ad up to $10 billion in value!
Well, you can crunch away on numbers as well as I can: