Yahoo’s second quarter: Microhoo, Icahn drama cost $22 million

Courtesy ZDNET - Between the Lines  Tue, 07/22/2008 - 3:31pm

The Carl Icahn proxy battle with Yahoo appears to have been a slight distraction. Yahoo on Tuesday reported second quarter net income of $131 million, or 9 cents a share, on revenue of $1.35 billion excluding traffic acquisition costs.

Excluding items, Yahoo had earnings of $139 million, or 10 cents a share. Estimates appear to [...]


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