Yahoo! Misses Profit Estimates by a Penny, Beats on Top Line as Investors Await Sale Info
Yahoo! posted earnings of $0.09 a share on revenue of $1.31 billion in its second quarter. Analysts were looking for $0.10 a sahre on sales of $1.08 billion.
Yahoo! (YHOO) is out with second quarter results. The beleaguered internet outfit posted earnings of $0.09 a share on revenue of $1.31 billion. Analysts were looking for $0.10 a share on sales of $1.08 billion. Last year, Yahoo! earned $0.16 a share on sales of $1.24 billion in its second quarter. As for the most important detail, Yahoo! did not release any information about the company's potential sale. Bidders reportedly include Verizon (VZ) - Get Report , AT&T (T) - Get Report and some private equity players. Yahoo's stock was down slightly in after-hours trading, giving back its slight gains from the regular session.









