Yahoo First Quarter Results: Revenue Dips Slightly, Profits Increase

New submitter dolilmao was the first with the news of Yahoo's first quarter results. From Techcrunch: "Yahoo just released its earnings report for the first quarter of 2013, with better-than-expected (non-GAAP) earnings of $420 million, or 38 cents per share. Revenue (excluding traffic acquisition costs) was flat compared to last year, at $1.07 billion. Analysts has predicted that the company would report revenue of $1.1 billion and 24 cents EPS. Wall Street normally evaluates Yahoo on an ex-TAC basis — including traffic acquisition costs, revenue was $1.14 billion, down 7 percent from last year."

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Yahoo: The Re-Animator of Companies

[Nova Express]

It buys other companies to graft onto itself to give its corpse the semblance of life...