Thursday, January 25, 2007
Net income rose to 15.2 billion yen ($125 million) in the quarter ended December 31 against 12.7 billion yen a year earlier. Its predicted profit range was 13.7 to 15.2 billion yen. The result compared with a standard forecast of 15.4 billion yen from four analyst polled by Reuters Estimates.
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Terry Semel, CEO Yahoo, presented his company's Q4 2006 results to Wall Street yesterday. Semel's principal message: Yahoo is on path to offer increased shareholder value in 2007 and beyond.
Semel began with Yahoo objectives announced at the Q3 earnings call:
- To improve search monetization.
- To widen our lead in graphical advertising.
- To seize the opportunity in emerging areas such as social media, video and mobile.
The future opening for Yahoo and the industry as a whole is more than ever. The Internet is developing at a fast pace, projected with some 800 million more users predicted to come online by 2010 and online advertising expected to grow to $55 billion by the same year.
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