TECH; Yahoo Gains in Income, Aided by Online Dating Sites Provider

TECH; Yahoo Gains in Income, Aided by Online Dating Sites Provider

A few hot times has spiced up the otherwise business that is bleak Yahoo.

The big Internet portal, fee income, especially from its rapidly growing online personals service, is making up the difference while advertising revenue continues to decline for yahoo.

The business’s income within the quarter that is first $192.7 million, up 7 %. Excluding revenue from HotJobs, the web help-wanted website that Yahoo purchased in February, the business’s product product sales were basically flat with all the $180 million it posted per year earlier in the day and slightly in front of analysts’ objectives.

Yahoo destroyed $53.6 million within the quarter, mainly due to a $64 million fee pertaining to alterations in accounting.

Excluding that fee, the business received $10.5 million, as opposed to a loss in $11.5 million into the duration an earlier year. The revenue equals 2 cents a share, matching analysts’ forecasts.

”No bad news is great news for Yahoo,” stated Safa Rashtchy, an analyst at U.S. 继续阅读“TECH; Yahoo Gains in Income, Aided by Online Dating Sites Provider”