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 […]

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Screen Shot 2012 01 24 At 2.06.30 PMYahoo 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:

Screen Shot 2012 01 24 At 1.47.38 PM

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:

Screen Shot 2012 01 24 At 1.54.21 PM

Screen Shot 2012 01 24 At 1.54.28 PM

Screen Shot 2012 01 24 At 1.54.47 PM

Screen Shot 2012 01 24 At 1.56.00 PM



New CEO Scott Thompson will put on a show of enthusiasm on the earnings call — coming up.


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About the author

Greg Sterling
Contributor
Greg Sterling is a Contributing Editor to Search Engine Land, a member of the programming team for SMX events and the VP, Market Insights at Uberall.

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