Apr
21
After Years of Declining Revenue, Yahoo Is Finally Growing Across Search, Display
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Yahoo CEO Marissa Mayer has been clear since she became the company’s CEO in July 2012 that turning around the aging portal is a multi-year project. Two-and-a-half years into that turnaround, the company issued its quarterly progress report on Tuesday.
So how’s the turnaround going so far? Better, actually.
The company’s overall revenue totaled $1.23 billion in the first quarter of 2015, up 8% year-over-year. The company reported net income of $21 million for the quarter, a 93% drop from a year earlier.
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