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January 29, 2013 05:35 am GMT
Considering the long-standing struggles of Yahoo as a business, its board of directors battles, and Scott Thompson's "ResumeGate", Yahoo (and its investors) have been in sore need of some good news. When beloved Google exec Marissa Mayer took the helm as CEO back in July, finally Yahoo had a cause for optimism. Today, Yahoo released its financial results for Q4 2012, which marked the end of Mayer's second full quarter at the helm and showed that new CEO's efforts to implement a turnaround are truly underway. For starters, the company showed the first signs of progress in that regard, with revenues coming in at $1.22 billion with non-GAAP EPS at 32 cents -- a 4 percent year-over-year increase.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TUPqQ3u1l4Y/
Marissa Mayer Details Her 3 Goals for Yahoo: A Better User Interface, Bigger International Reach And Broader Demographics
Considering the long-standing struggles of Yahoo as a business, its board of directors battles, and Scott Thompson's "ResumeGate", Yahoo (and its investors) have been in sore need of some good news. When beloved Google exec Marissa Mayer took the helm as CEO back in July, finally Yahoo had a cause for optimism. Today, Yahoo released its financial results for Q4 2012, which marked the end of Mayer's second full quarter at the helm and showed that new CEO's efforts to implement a turnaround are truly underway. For starters, the company showed the first signs of progress in that regard, with revenues coming in at $1.22 billion with non-GAAP EPS at 32 cents -- a 4 percent year-over-year increase.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TUPqQ3u1l4Y/
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