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Yahoo, profits to peak: -93% in the first quarter

The situation on the turnover side is less serious, which fell by 4% on an annual basis, from 1,08 to 1,04 billion dollars.

Yahoo, profits to peak: -93% in the first quarter

The first quarter of 2015 was a nightmare for Yahoo, who saw the to evaluate plunge 93%, to just $21,2 million, versus $311,6 million in the same period last year. 

Net of some accounting items, earnings per share amounted to 15 cents against 38 cents in 2014. Analysts were betting on earnings per share of 18 cents and revenues of 1,09 billion dollars.

The situation on the side of the is much less dramatic turnover, which fell 4% year over year, from $1,08 billion to $1,04 billion.

The cure Marissa Meyer, former Google guru and now head of Yahoo, has obviously not yet managed to relaunch the company. 

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