Yahoo Q4 Blah: Display & Search Down Slightly
Yahoo today reported Q4 and full year results. Unlike Apple, the company didn’t have a blowout holiday quarter. Quarterly revenue was down YoY by 3 percent. However income was up 10 percent. Yahoo grew uniques by 12 percent over 2010 but its search audience was down by 4 percent. Revenue was up in EMEA and […]
Yahoo today reported Q4 and full year results. Unlike Apple, the company didn’t have a blowout holiday quarter.
Quarterly revenue was down YoY by 3 percent. However income was up 10 percent. Yahoo grew uniques by 12 percent over 2010 but its search audience was down by 4 percent. Revenue was up in EMEA and Asia, but down 6 percent in the Americas region.
Everything was generally flat and came in roughly in line with financial analysts’ expectations. Here are the financials at a glance:
Display and search revenue:
- Display revenue ex-TAC was $546 million, a 4 percent decrease compared to $567 million for the fourth quarter of 2010.
- Search revenue ex-TAC was $376 million, a 3 percent decrease compared to $388 million for the fourth quarter of 2010.
Here are some of the earnings slides to further illustrate Yahoo’s generally lackluster quarter:
New CEO Scott Thompson will put on a show of enthusiasm on the earnings call — coming up.
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