Yahoo shares rise as results top estimates

Shares in Yahoo rose as much as 3.3 per cent in German trading after it reported first-quarter sales that topped analysts’ estimates.

18th April, 2012
Yahoo saw 23 per cent growth in the US online-ad market.

Shares in Yahoo rose as much as 3.3 per cent in German trading after it reported first-quarter sales that topped analysts’ estimates.

The results are a boost to chief executive Scott Thompson as looks to turn around the fortunes of a company that has faced stiff competition from Google and Facebook. Revenue, excluding sales passed on to partner sites, rose 1 per cent to $1.08 billion, Yahoo said in a statement yesterday.

The company saw 23 per...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 11 months ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago