Yahoo! Inc. Q3 Earnings Fall 73%

(RTTNews) - Yahoo! Inc. (YHOO) released a profit for third quarter that lost ground from last year.

The company said its bottom line totaled $145.74 million, or $0.15 per share. This was down from $543.41 million, or $0.52 per share, in last year's third quarter.

Analysts had expected the company to earn $0.17 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.0% to $1.23 billion. This was up from $1.15 billion last year.

Yahoo! Inc. earnings at a glance:

-Earnings (Q3): $145.74 Mln. vs. $543.41 Mln. last year. -Earnings Decline (Y-o-Y): -73.2% -EPS (Q3): $0.15 vs. $0.52 last year. -EPS Decline (Y-o-Y): -71.2% -Analysts Estimate: $0.17 -Revenue (Q3): $1.23 Bln vs. $1.15 Bln last year. -Revenue Change (Y-o-Y): 7.0%