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Yahoo Reports Third Quarter 2013 Results

Yahoo! Inc. (NASDAQ: YHOO) today reported results for the quarter ended September 30, 2013.

                 
Q3 2012 Q3 2013

PercentChange

GAAP revenue $1,202 million $1,139 million (5)%
Revenue ex-TAC $1,089 million $1,081 million (1)%
GAAP income from operations $152 million $93 million (39)%
Non-GAAP income from operations $238 million $173 million (27)%
GAAP net earnings per diluted share $2.64 $0.28 (89)%
Non-GAAP net earnings per diluted share $0.39 $0.34 (13)%
 

“I’m very pleased with our execution, especially as we’ve continued to invest in and strengthen our core business," said Yahoo CEO Marissa Mayer. "In Q3, we launched new user experiences across many of our digital daily habits -- Yahoo Screen, My Yahoo, Fantasy Sports, and more. Now with more than 800 million monthly users on Yahoo -- up 20 percent over the past 15 months -- we're achieving meaningful increases in user engagement and traffic.”

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