Home

    You are here

SHARES UP ON YAHOO RESULTS

You are here

SHARES UP ON YAHOO RESULTS

Oct 22 2014, 8.19am GMT

Stock.com

"We had a good, solid third quarter,” says Yahoo as Q3 figures raise share price.

 

Share prices rose on Yahoo 0.90 to $40.18 (2.29%), “through strong growth in our new areas of investment - mobile, social, native and video - despite industry headwinds in some of our large, legacy businesses," said Marissa Mayer, CEO of Yahoo.

Key figures:

  • $1.094 billion in revenue ex-TAC and $1.148 billion in GAAP revenue: 1% growth in revenue ex-TAC and 1% growth in GAAP revenue.
  • Mobile revenues in excess of $200 million on a GAAP basis, estimates that gross revenues in mobile will exceed $1.2 billion in revenue this year.
  • GAAP income from operations was $42 million for the third quarter of 2014, a 55 percent decrease from the third quarter of 2013.
  • Non-GAAP income from operations was $156 million for the third quarter of 2014, a 10 percent decrease from the third quarter of 2013.
  • Adjusted EBITDA for the third quarter of 2014 was $306 million, an 8 percent decrease compared to the third quarter of 2013.
  • GAAP net earnings for the third quarter of 2014 was $6.8 billion (which included a gain from sale of Alibaba Group Holding Limited ("Alibaba Group") shares of $6.3 billion, net of tax), compared to $297 million in the third quarter of 2013.
  • Non-GAAP net earnings for the third quarter of 2014 was $543 million, compared to $358 million in the third quarter of 2013.
  • GAAP net earnings per diluted share was $6.70 in the third quarter of 2014 (which included the gain from sale of Alibaba Group shares of $6.27 per diluted share), compared to $0.28 in the third quarter of 2013.
  • Non-GAAP net earnings per diluted share was $0.52 for the third quarter of 2014, compared to $0.34 in the third quarter of 2013.

NOTE: GAAP - Generally Accepted Accounting Principles, USA GAAP or GAAP are the generally accepted accounting principles adopted by the U.S. Securities and Exchange.

CFDs on YAHOO stocks are traded on STOCK.com with full training provided for all clients.

Stocks Block Actions

Trading Platforms

MetaTrader

Through a simple native App download, be ready to log on to the powerful, intuitive MT4 platform and trade multiple assets on your desktop or through mobile

More on MetaTrader

WebTrader

Online access - anytime, anywhere - to your secure STOCK.com account, through desktop, tablet and mobile interfaces with no download necessary

More on WebTrader

Trading in CFDs involves significant risk to your invested capital