Yahoo posts a loss as they still look for ways to survive
January 28th, 2009 Leave a comment Visited 27 times, 1 so far today
Yahoo posts a loss as they still look for ways to survive
Internet media giant Yahoo has posted a fourth-quarter loss.
The company continues to suffer from shrinking demand for online ads.
Yahoo has posted a loss of $303.4 million in the most recent quarter.
This is a pretty bad performance when compared to profits of $205.7 million in the same period the previous year.
The company said that excluding the fees passed on to partner sites, sales were $1.38 billion.
Yahoo has just named Carol Bartz as their new CEO.
Advertising, Carol Bartz, Internet, Revenue Reports, Revenues, Search Engine, Yahoo
Somanshu
Category: News
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