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Yahoo Announces its financial results for the second quarter of 2013
The company’s profit exceeded the expectations, despite some losses inflicted.
Surpassing Yahoo’s profits for the second quarter of the year 2013, after earnings per share without what is known as generally accepted accounting principles, to 0.35 u.s. dollars, but in return caused weakness in its core drop “cost of acquisition” movement rate to 1.07 billion dollars.
The analysts had predicted that the company’s revenues of $ 1.08 billion, and earnings per share of $ 0.30, the company had revenues in relation to the implementation of the Declaration for the same period of $ 472 million, with an annual decline by 12 percent, while revenue from the search engine is also decreased by 9% earned $ 418 million.
And said company CEO, Marissa Mayer, that Yahoo’s performance during the second quarter was encouraging, noting that the company had experienced during this period stable performance, by synchronization or by launching new products every week.
Meyer said he and update news service “Yahoo! News” new application “Yahoo Sports!”, then launch Sports a new design for the company’s search engine, and the photo-sharing service Flickr, and other updates and improvements that have taken place during this period, users have made accept more on Yahoo! products, she said.
It should be noted that Yahoo had announced the beginning of the month of July on the acquisition of the company arising from the developer to apply Qwiki phones “iPhone” and the developer of the management application email , address book, Xobni, and on May 20 announced the acquisition of fast blogging platform “Templar” in Exchange for 1.1 billion dollars in cash, then the days of that date even announced the acquisition of platform games PlayerScale.
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