02.02.2016 22:34:21
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Yahoo! Inc. Reports 57% Fall In Q4 Bottom Line
(RTTNews) - Yahoo! Inc. (YHOO) reported earnings for fourth quarter that decreased from last year.
The company said its bottom line came in at $124.95 million, or $0.13 per share. This was lower than $293.44 million, or $0.30 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.13 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 1.6% to $1.27 billion. This was up from $1.25 billion last year.
Yahoo! Inc. earnings at a glance:
-Earnings (Q4): $124.95 Mln. vs. $293.44 Mln. last year. -Earnings Decline (Y-o-Y): -57.4% -EPS (Q4): $0.13 vs. $0.30 last year. -EPS Decline (Y-o-Y): -56.7% -Analysts Estimate: $0.13 -Revenue (Q4): $1.27 Bln vs. $1.25 Bln last year. -Revenue Change (Y-o-Y): 1.6%
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