Yahoo Beats the Street

Schachter, Ken
April 2008
Red Herring;4/22/2008, p2
Trade Publication
The article reports on the revenue posted by Yahoo in the first quarter of 2008. The company reported that its revenue reached $1.35 billion, excluding traffic acquisition costs. According to Jerry Yang, chief executive and co-founder of Yahoo, the company's biggest opportunity lies in display advertising. The company forecasts that its second quarter revenue will range from $1.73 billion to $1.93 billion. Comments of Yang on the unsolicited offer issued by Microsoft for Yahoo are highlighted.


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