A recent study shows that Yahoo!’s net income came down to 22%, but surprisingly it's revenues were increased by 34%. However, Yahoo!, based in Sunnyvale, Calif., submitted a net income of 159.9 million, or 11 cents, a share which was found to be less than last year's $ 204.6 million, or 14 cents a share.
If the profit was going down, it was the revenue which increased by 34% to $1.57 billion from $1.17 billion in the previous year quarter. Apart from commissions which were paid to marketing partners, the figure of sales found to be $1.09 billion, which was quite more as compared with $821 million in the year-earlier period.
From the report given in the businesswire
– Revenues were $1,567 million for the first quarter of 2006, a 34 percent increase compared to $1,174 million for the same period of 2005.
– Marketing services revenue was $1,381 million for the first quarter of 2006, a 35 percent increase compared to $1,025 million for the same period of 2005.
– Fees revenue was $186 million for the first quarter of 2006, a 25 percent increase compared to $149 million for the same
period of 2005.
– Revenues excluding traffic acquisition costs (”TAC”) were $1,088 million for the first quarter of 2006, a 33 percent increase compared to $821 million for the same period of 2005.
– Gross profit for the first quarter of 2006 was $909 million, a 29 percent increase compared to $707 million for the same period of 2005.
– Operating income for the first quarter of 2006 was $201 million (including $109 million for stock compensation expense recorded under the fair value method), a 19 percent decrease compared to $247 million (including $9 million for stock
compensation expense recorded under the intrinsic value method) for the same period of 2005.
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