Yahoo Disappointing Earning
Yahoo Inc. released its earning on Tuesday saids its fiscal fourth-quarter profit fell compared to the same period a year earlier, amid an ongoing reorganization of the troubled Internet company. Sunnyvale, Calif.-based Yahoo (YHOO: Yahoo! Inc ) said its net income for the period ended in December fell to $205.7 million, or 15 cents a share, from $268.7 million, or 19 cents a share a year earlier. Analysts polled by Thomson Financial had estimated Yahoo would report earnings for the fourth quarter of 11 cents a share, on net sales of $1.4 billion. The total revenue rose 8% to $1.8 billion. Net sales, which exclude payments Yahoo makes to other Web sites to acquire traffic, increased to $1.4 billion from $1.2 billion. Shares of Yahoo stock being hammered in the after hour trading.
Feb 20 put was in play at $1.30. Lets see how much the position will open tomorrow.
To your continual success!
About Andy Huang
Andy Huang brings years of results-driven technology marketing expertise to the position as Speaker, Coach, Trainer, Analytic & Google Partner. He has the innate ability to combine traditional and cutting edge marketing methods to quickly grow brand awareness and increase market share across 197 verticals and over 300+ clients. One was acquired in 2015 for $37 Billion, another in 2013 for $1.1 Billion both Nasdaq listed. With extensive experience in revenue driven servicing His aggressive implementation of these strategic proactive revenue planning & marketing efforts rapidly impact all of clients business’s bottom line.
Now with business blogging on the internet, Andy Huang will share with you some of his most successful business resource and strategies to help fuel your success online!