Yahoo today reported its third quarter 2013 earnings with the revenue of $1.08 billion and earnings per share for the quarter was $0.34 while the GAAP revenue before tax adjustments was $1.139 billion. The income for operations for the period was $93 million while non-GAAP operations income was $173 million. GAAP net earnings for the third quarter of 2013 was $297 million while Non-GAAP net earnings for the third quarter of 2013 was $358 million, a 24 percent decrease from the same period of 2012.
“I’m very pleased with our execution, especially as we’ve continued to invest in and strengthen our core business,” said Yahoo CEO Marissa Mayer. “In Q3, we launched new user experiences across many of our digital daily habits — Yahoo Screen, My Yahoo, Fantasy Sports, and more. Now with more than 800 million monthly users on Yahoo — up 20 percent over the past 15 months — we’re achieving meaningful increases in user engagement and traffic.”
Photo Credit: Flickr/Yahoo!
