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"I'm proud of Yahoo!'s 2012 and fourth quarter results. In 2012, Yahoo! exhibited revenue growth for the first time in 4 years, with revenue up 2 percent year-over-year," said Yahoo!
Through about two-thirds of the S&P 500's fourth quarter 2023 reports, companies are posting an average 6-percentage-point earnings per share beat this quarter, per Bank of America.
In corporate news, Apple's annual iPhone event kicks off the week on Monday. Earnings results from Oracle ( ORCL ), Adobe ( ADBE ), and Kroger ( KR ) will lead an otherwise quiet week in scheduled ...
An earnings call is a teleconference, or webcast, in which a public company discusses the financial results of a reporting period ("earnings guidance"). The name comes from earnings per share (EPS), the bottom line number in the income statement divided by the number of shares outstanding. The US-based National Investor Relations Institute ...
Yahoo! Inc. is an American multinational technology company that focuses on media and online business. It is the second and current incarnation of the company, after Verizon Communications acquired the core assets of its predecessor and merged them with AOL in 2017. [6][7] The resulting subsidiary entity was briefly called Oath Inc. [4][8][9 ...
May 19, 2013: The Wall Street Journal reports that Yahoo!'s board approved an all-cash deal to purchase the six-year-old blogging website Tumblr. Yahoo! will pay $1.1 billion for Tumblr, and the company's CEO and founder David Karp will remain a large shareholder. [117]
On May 20, 2013, Mayer led Yahoo! to acquire Tumblr in a $1.1 billion acquisition. [54] [55] In February 2016, Yahoo! acknowledged that the value of Tumblr had fallen by $230 million since it was acquired. In July 2013, Yahoo! reported a fall in revenues, but a rise in profits compared with the same period in the previous year.
Attention is firmly focused on the flood of big-name earnings reports. Ahead of the bell, General Motors ( GM ) pulled its 2023 profit guidance amid a jump in costs related to the UAW strikes.