Yahoo increase in revenue at first 2017 quarter
The giant Yahoo Inc (YHOO.O) reported a 22.1 percent increase in quarterly revenue on Tuesday, ahead of the sale of its core internet business to Verizon Communications Inc (VZ.N), Reuters reported.
Yahoo said revenue from Mavens – the mobile, video, native and social advertising units that it has touted as key emerging businesses – rose 35.6 percent to $529 million in the first quarter ended March 31, Reuters added.
Net income attributable to Yahoo was $99.4 million, or 10 cents per share in the quarter, compared with a net loss of $99.2 million, or 10 cents per share, a year earlier, according to Reuters.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to firstname.lastname@example.org. Please include ‘Op-Ed’ in the subject line.
- Tripolitania Society says 6+6 committee’s outcomes are arbitrary - June 09, 2023
- Minister of Labour reaffirms government’s social justice efforts - June 09, 2023
- Meloni: Libya remains a strategic partner for Italy - June 08, 2023