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Yahoo! Inc. Profit Climbs 112% In Q1

Yahoo! Inc. (YHOO) revealed earnings for its first quarter that advanced from last year.

The company said its bottom line climbed to $169.49 million, or $0.18 per share. This was up from $80.07 million, or $0.08 per share, in last year's first quarter.

Analysts had expected the company to earn $0.14 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 22.0% to $1.33 billion. This was up from $1.09 billion last year.

Yahoo! Inc. earnings at a glance:

-Earnings (Q1): $169.49 Mln. vs. $80.07 Mln. last year.
-Earnings Growth (Y-o-Y): 111.7%
-EPS (Q1): $0.18 vs. $0.08 last year.
-EPS Growth (Y-o-Y): 125.0%
-Analysts Estimate: $0.14
-Revenue (Q1): $1.33 Bln vs. $1.09 Bln last year.
-Revenue Change (Y-o-Y): 22.0%

by RTT Staff Writer

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