Yahoo! post impressive revenue figures

Yahoo! post impressive revenue figures

Internet giants Yahoo! has come out with their latest quarterly report and the company has posted profits which topped analysts’ expectations.

This is good news for the company as this latest development end a recent pattern of financial letdowns for the company.

It would also give them confidence to go ahead with their under development projects to bounce back on their rivals in the market.

This impressive report also helped the company at the stock exchange as the company’s stock price lifted by more than 5 percent late Tuesday.

The company further announced that they would soon go ahead with the debut of a new formula in the United States which will determine which ads are most likely to get clicked upon and sales commissions.

They are also due to come out with the much delayed Project Panama platform for their advertisement customers.