Mizuho Securities Cuts Price Target on Yahoo! (YHOO) to $29 Following Weak 2016 Guidance

Yahoo Reports Fourth Quarter and Full Year 2015 Results

February 2, 2016 4:30 PM EST

SUNNYVALE, Calif.--(BUSINESS WIRE)-- Yahoo! Inc. (NASDAQ: YHOO) today reported results for the quarter and full year ended December 31, 2015.

        Q4 2014 Q4 2015 Full Year 2014 Full Year 2015 GAAP revenue $1,253 million $1,273 million $4,618 million $4,968 million Cost of revenue TAC $74 million $271 million $218 million $878 million

Goodwill impairment*

$88 million $4,461 million $88 million $4,461 million Income (loss) from operations $32 million ($4,530) million $143 million ($4,748) million Non-GAAP income from operations $256 million $63 million... More

Yahoo To Improve Profitability and Accelerate Growth By Sharpening Focus

February 2, 2016 4:30 PM EST

Board To Pursue Reverse Spin Concurrent With Other Strategic Alternatives

SUNNYVALE, Calif.--(BUSINESS WIRE)-- Yahoo! Inc. (NASDAQ: YHOO) will announce today an aggressive strategic plan to simplify the company, narrowing its focus on areas of strength to better fuel growth, drive revenue and increase efficiency in 2016 and beyond.

Collectively, the strategic plan aims to:

Improve consumer and advertiser product quality and grow daily active users (DAUs) Drive continued growth in revenue realized through Mavens (mobile, video, native and social)... More