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April 16, 2014 12:41 am GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/yEgtgeqOYjU/
Yahoo Q1 Earnings Beat Estimates, Stock Jumps 11%
Yahoo barely beat Wall Street estimates for its first quarter earnings report, but the stock shot up following more positive news about one of the company's secret weapons: Alibaba
The Internet giant posted earnings of $0.38 per share on revenue of $1.09 billion in the first quarter, just beating Wall Street estimates for earnings of $0.37 a share on revenue of $1.08 billion. Yahoo's results were essentially flat compared to the same quarter last year when it reported earnings of $0.38 per share on revenue of $1.07 billion.
More about Yahoo, Stocks, and BusinessOriginal Link: http://feeds.mashable.com/~r/Mashable/~3/yEgtgeqOYjU/
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