Yahoo Announces Q3 2012 Results: Revenues Were $1.2 Billion, EPS Were $2.64

Posted on Oct 22 2012 - 8:08pm by Editorial Staff

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Yahoo today announced its third quarter 2012 results, ended September 30, 2012. The company reported the revenue of $1,202 million for the third quarter of 2012, a 1 percent decrease from the third quarter of 2011 while revenue excluding traffic acquisition costs was $1,089 million for the third quarter of 2012, a 2 percent increase compared to the third quarter of 2011.

On a GAAP basis, income from operations decreased 14 percent to $152 million in the third quarter of 2012, compared to $177 million in the third quarter of 2011 while operating income on a non-GAAP basis was $177 million in the third quarter of 2012 compared to $175 million in the third quarter of 2011. On a GAAP basis, net earnings per diluted share were $2.64 in the third quarter of 2012, compared to $0.23 in the third quarter of 2011 while non-GAAP net earnings per diluted share increased 66 percent year over year to $0.35.

“Yahoo! had a solid third quarter, and we are encouraged by the stabilization in search and display revenue,” said Marissa Mayer, CEO of Yahoo!. “We’re taking important steps to position Yahoo! for long-term success, and we’re confident that our focus on quality and improving the user experience will drive increased value for our advertisers, partners and shareholders.”

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