Yahoo! (YHOO) Reports Strong Q1 Earnings; Guides Q2 Sales; Cutting 5% of Jobs
YHOO Hot Sheet
Revenue Growth %: +1.9%Financial Fact:
Earnings in equity interests: 172.24M
Today's EPS Names:
TARO, BRLI, TLB, More
Yahoo! (Nasdaq: YHOO) reports Q1 EPS of $0.15, ex-items, or $0.08 unadjusted versus the analyst estimate of $0.08. Revenue for the quarter was $1.16 billion, versus the consensus of $1.20 billion.
Sees Q2 sales of $1.425-$1.625 billion, which does not compare to the consensus of $1.22 billion.
Cutting 5% of jobs.
UPDATE: Shares of Yahoo! are trading about 5% higher in the after-hours session. The stock most recently traded at $15.06.
Click here to see some highlights from the Q1 conference call, including CEO Carol Bartz dropping the F-bomb
Sees Q2 sales of $1.425-$1.625 billion, which does not compare to the consensus of $1.22 billion.
Cutting 5% of jobs.
UPDATE: Shares of Yahoo! are trading about 5% higher in the after-hours session. The stock most recently traded at $15.06.
Click here to see some highlights from the Q1 conference call, including CEO Carol Bartz dropping the F-bomb
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