Yahoo Earnings Double as Search Revenues Fall
Thursday, April 22nd, 2010Announcements from Yahoo state that their first quarter earnings doubled. This is the company’s first revenue increase since 2008’s third quarter. The 1% increase in revenue was below some expectations by analysts, and a 14% drop in search advertising sales restrained Yahoo’s overall revenue gain. The boost in earnings for Yahoo included reimbursement payments from Microsoft as the two companies are taking steps to begin displaying Bing search results on Yahoo.



