Yahoo Earnings Call Leaves Many Questions Unanswered

Neither Yahoo's new CEO, Marissa Mayer, nor Ross Levinsohn, the interim CEO she just replaced, were on the line for Yahoo's second quarter earnings call Tuesday evening -- and what lies ahead for the two executives' plans remains largely unknown.

Here's what we learned from Chief Financial Officer Tim Morse, who led the call:

The slight uptick in display ad revenue for the quarter came from the Americas. Display ad revenue from Europe, Middle East and Africa declined 7% due to "global economic conditions."
Search was down 17%. How come? Osama Bin Laden's death last summer caused a temporary search spike, Morse said. (I find it hard to believe that it could be responsible for such a…
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