TECHNOLOGY; Yahoo Gains in Income, Aided by Online Dating Sites Provider

TECHNOLOGY; Yahoo Gains in Income, Aided by Online Dating Sites Provider

A number of hot dates has spiced up the otherwise bleak company at Yahoo.

While marketing revenue continues to decline for Yahoo, the top Web portal, cost earnings, specially from the quickly growing online personals solution, is creating the distinction.

The business’s income into the very first quarter had been $192.7 million, up 7 per cent. Excluding revenue from HotJobs, the internet site that is help-wanted Yahoo bought in February, the business’s product product sales had been basically flat utilizing the $180 million it posted per year earlier in the day and slightly in front of analysts’ expectations.

Yahoo destroyed $53.6 million into the quarter, mostly as a result of a $64 million cost linked to alterations in accounting. (mais…)

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