Chartastic! Here Are Yahoo’s Q3 Financial Highlights, Now With Even More Bars!
by Kara Swisher
Posted on October 20, 2009 at 10:06 PM PT
Yahoo reported its third-quarter earnings earlier today, a pretty good performance in which it soundly beat Wall Street expectations with a stronger net income than expected.
While revenue at the Silicon Valley Internet giant was down, also as expected–both owned-and-operated search and display advertising saw big declines, 19 percent and eight percent–cost-cutting by CEO Carol Bartz and the sale of the company’s stake in China’s Alibaba.com seem to have more than made up for it.
You can read BoomTown’s liveblog of the conference call by CFO Tim Morse here, but please also enjoy Yahoo’s (YHOO) financial highlights presentation, as well as its condensed financial documents, full of more numbers than you will ever want to crunch.
And, yes, Tim Morse, because I know how little attention the work of accountants get, I have actually read them all!
Here they are:
YQ3_Q309EarningsPresentationFINAL –
YHOO Condensed Financial Documents –
Comments
you must be very disappointed when Tim said Carol is not available. It’s fun to read what you write.
Posted by peter he at October 21st, 2009 at 7:52 amit’s easy for any new CEO to come in and look good first 2 quarters after taking over just by cutting jobs (slashing costs)
the real proof of a CEO is growth, not cuts
Carol hasn’t made the right moves yet to grow
And the core product isn’t that good any more
Posted by Sam Harrison at October 21st, 2009 at 7:35 pm