<< Yahoo released Q1 financials moments ago, and blew through expectations. Total revenue for the quarter was $1.8 billion, net revenues were $1.35 billion. Net Income was $542 million, or $0.37 per share. That includes a one time non-cash gain related to Alibaba’s IPO. Net of that, EPS are $0.11.
Analysts were expecting Q1 net revenues of around $1.33 billion, ebitda of $435 million and EPS of $0.09/share. Citigroup had revised estimates of $1.34 billion, just under the reported results. >>
http://www.techcrunch.com/2008/04/22/yahoo-q1-earnings-released-blows-through-expectations/ |