Yahoo’s Q2 Manages A Slim Revenue Beat, But Its Per-Share Profit Of $0.16 Dissapoints

 Today, Yahoo reported its second quarter financial performance, including $1.04 billion in revenue after discounting for traffic costs (ex-TAC), and earnings per share of $0.16. The street had expected Yahoo to earn $0.18 per share on revenue of $1.03 billion. (DISCLOSURE: Two years ago, I drank the purple drank at Yahoo, but I am not a shareholder.) The company’s gross revenue,… Read More