Yahoo! (YHOO) Sinks Following Results and Subdued Guidance

Shares of Internet giant Yahoo!, Inc. (Nasdaq: YHOO) are down 8% after-hours Tuesday after the company reported solid Q4, but gave cautious guidance.

Yahoo reported Q4 EPS of $0.15, which was 4 cents better than the analyst estimate of $0.11. Revenues for the quarter came in at $1.403 billion, versus the consensus of $1.41 billion.

Yahoo sees Q1 revenues of $1.28-$1.38 billion, versus the consensus of $1.37 billion. Yahoo! sees FY08 revenues of $5.35-$5.95 billion, versus the consensus of $5.9 billion.

CEO Jerry Yang said the company will "continue to face headwinds this year."

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