Yahoo! (YHOO) Boosts FY16 adj.-Operating Income Outlook
Yahoo! (NASDAQ: YHOO) sees FY16 adjusted operating income of $175 - $275 million, up from $150 - $250 million previously, and Q3 adjusted EBITDA at $190 - $220 million. The Street sees operating income of $196 million and Q3 adjusted EBITDA of $195.6 million.
YHOO sees Q3 adjusted operating income of $65 - $95 million, with the consensus at $59 million.