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Yahoo, I quarter profit +36%: 390,3 million

Revenues fell by 7% to 1,140 billion dollars while revenues ex-tac, i.e. excluding the value of traffic acquisition costs, stood at 1,07 billion

Yahoo, I quarter profit +36%: 390,3 million

Yahoo earnings grew 36% in the first quarter of 2013 compared to the same period of 2012, to $390,3 million, or 35 cents per share. A result higher than the expectations of analysts, who had assumed 25 cents. Revenues fell by 7% to 1,140 billion dollars while revenues ex-tac, ie excluding the value of traffic acquisition costs, amounted to 1,07 billion, flat compared to the same period of the previous year. The US group expects sales of around 1,09 billion for the current quarter compared to the 1,11 estimated by the market.

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