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Yahoo! Slumps on Soft Top Line
Updated from 7:51 a.m. EDT
Yahoo! (YHOO Quote) joined the tech sector's walking wounded, shocking Wall Street with lukewarm second-quarter results late Wednesday.
For its second quarter ended June 30, the Sunnyvale, Calif., Net media giant earned $113 million, or 8 cents a share, on net revenue of $609 million. A year ago, the company earned $51 million, or 4 cents a share, on revenue of $321 million. ...
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