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18.10.2016 22:13:43

Yahoo! Inc. Earnings Rise 31% In Q3

(RTTNews) - Yahoo! Inc. (YHOO) revealed a profit for its third quarter that rose from last year.

The company said its bottom line totaled $191.19 million, or $0.20 per share. This was higher than $145.74 million, or $0.15 per share, in last year's third 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 6.5% to $1.31 billion. This was up from $1.23 billion last year.

Yahoo! Inc. earnings at a glance:

-Earnings (Q3): $191.19 Mln. vs. $145.74 Mln. last year. -Earnings Growth (Y-o-Y): 31.2% -EPS (Q3): $0.20 vs. $0.15 last year. -EPS Growth (Y-o-Y): 33.3% -Analysts Estimate: $0.14 -Revenue (Q3): $1.31 Bln vs. $1.23 Bln last year. -Revenue Change (Y-o-Y): 6.5%

-Guidance: Next quarter revenue guidance: $1.36 - $1.40 Bln Full year revenue guidance: $5.06 - $5.10 Bln

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