Printer Friendly

Yahoo net profit more than doubles in July-September qtr.

NEW YORK, Oct. 19 Kyodo

Yahoo Inc. said Tuesday its net profit in the July-September quarter soared 113 percent from a year earlier to $396 million, mainly on gains from the sale of a job search engine.

Its revenues increased 2 percent to $1.60 billion for the reporting quarter, with those from display advertising growing 17 percent to $465 million, the Sunnyvale, California-based Internet giant said.

Revenues from search advertising, however, declined 7 percent, it said.

Regarding the integration of its online search business with that of Microsoft Corp., Yahoo said it is in the process of transitioning from its search marketing platform to Microsoft's search advertising platform and expects the transition to be completed by the end of October.
COPYRIGHT 2010 Kyodo News International, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2010 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Japan Computer Industry Scan
Article Type:Financial report
Date:Oct 25, 2010
Previous Article:Rakuten opens online shopping mall via tie-up with Chinese firm.
Next Article:LEAD: Rakuten seeks antimonopoly probe of Yahoo Japan-Google tie-up.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |