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Yahoo! Reports Fourth Quarter And Full Year 2012 Results

Yahoo! Inc. (NASDAQ: YHOO) today reported results for the fourth quarter and full year ended December 31, 2012.

    Q4 2012     Full Year 2012
GAAP revenue $1,346 million $4,987 million
Revenue ex-TAC $1,221 million $4,468 million
GAAP income from operations

$190 million

$566 million
Non-GAAP income from operations $283 million $825 million
GAAP net earnings per diluted share $0.23 $3.28
Non-GAAP net earnings per diluted share $0.32 $1.17

“I'm proud of Yahoo!'s 2012 and fourth quarter results. In 2012, Yahoo! exhibited revenue growth for the first time in 4 years, with revenue up 2 percent year-over-year,” said Yahoo! CEO Marissa Mayer. "During the quarter we made progress by growing our executive team, signing key partnerships including those with NBC Sports and CBS Television, and launching terrific mobile experiences for Yahoo! Mail and Flickr. At the same time, we achieved tremendous internal transformation in the culture, energy and execution of the Company."

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