Yahoo! Inc. Profit Climbs 112% In Q1

(RTTNews) - 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%