Digital media firm reports significant quarterly losses that cost investors 10 cents a share but still manage to defeat analysts’ revenue expectationsYahoo announced falling revenues and a quarterly loss of $99.2m on Tuesday as the ailing internet commerce looks for a buyer.
The company reported revenue of $1.09bn, down 11% from the same time final year. The fall shows continuing deterioration in Yahoo’s commerce but was better than analysts had expected.[br] Related: The price of failure: Yahoo's Marissa Mayer could leave with $137m Continue reading...
Source: theguardian.com