Yahoo! (YHOO) Tops Q1 EPS by 4c

Yahoo! (NASDAQ: YHOO) reported Q1 EPS of $0.18, $0.04 better than the analyst estimate of $0.14. Revenue for the quarter ex-TAC came in at $674 million versus the consensus estimate of $665.7 million.

“Our Q1 performance reflects solid financial and operational execution in the new year, with more than $1.3 billion in GAAP revenue delivered. These results are the product of our teams’ tremendous focus and dedication to our users and advertisers,” said Marissa Mayer, CEO of Yahoo. “As we enter our final quarter as an independent company, we are committed to finishing strong and planning for the best possible integration with Verizon. With the transaction anticipated to complete in June, I’ve never been more proud of the improvements we’ve made to the business and the value we’ve delivered to our shareholders.

For earnings history and earnings-related data on Yahoo! (YHOO) click here.

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