Yahoo! (YHOO) Issues Q3 Gudiance, Revenue Light
Yahoo! (NASDAQ: YHOO) issued Q3 guidance of:
- GAAP revenue $1,230 – $1,270
- Cost of revenue - TAC $230 – $270
- Revenue ex-TAC(1) $1,000 – $1,040
- Adjusted EBITDA $200 – $240
- Non-GAAP operating income $50 – $90
(Street sees Q3 revenue of $1.07 billion.)