Company News: Yahoo! (YHOO) quarterly results beat analysts’ expectations

Market news

24 January 2017

Company News: Yahoo! (YHOO) quarterly results beat analysts’ expectations

Yahoo! reported Q4 FY 2016 earnings of $0.25 per share (versus $0.13 in Q4 FY 2015), beating analysts' consensus estimate of $0.21.

The company's quarterly revenues amounted to $0.960 bln (-4.2% y/y), beating analysts' consensus estimate of $0.908 bln.

YHOO rose to $43.95 (+3.66%) in pre-market trading.

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