Yahoo! Guidance Needs More Ying Than Yang (YHOO)

Yahoo! (NASDAQ: YHOO) has posted results of $0.15 EPS on revenues of $1.403 Billion (on an ex-TAC basis). Consensus estimates from First Call were $0.11 EPS & $1.41 Billion Revenues. As far as guidance, Yahoo! said that revenues will be in a range of $1.28 to $1.38 Billion versus estimates of $1.37 Billion Revenues; for fiscal 2008 Yahoo! is placing revenues in a range of $5.35 to $5.95 Billion, although estimates were $5.90 Billion in revenues. Jerry Yang, CEO: “While we will continue to face headwinds this year, we believe that the moves we are making will help us exit…
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Original Source

  29 January, 2008| Economy | @ 21:43

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