LIVE: Yahoo's Q2 Earnings, Q3 Outlook DisappointRob Hof
Yahoo’s second-quarter earnings are out now amid muted expectations. Its profit rose to $141 million, or 10 cents a share, from $131 million, or 9 cents a share a year ago. Net revenues fell to $1.14 billion from $1.35 billion a year ago, and gross revenues were down 13% to $1.57 billion. Yahoo was expected to report a profit of 8 cents a share on exactly that revenue level.
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