Yahoo earnings: 20 cents per share, vs expected EPS of 14 cents

October 18, 2016 8:17 PM

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Yahoo earnings: 20 cents per share, vs expected EPS of 14 cents

Yahoo revealed in September that information of 500 million user accounts was stolen in late 2014, likely by a state actor. The breach built upon an August investigation of 200 million breached accounts.

Following the revelations, numerous media outlets, including the New York Times and Reuters, probed Yahoo's attitude about cybersecurity and its compliance with government surveillance. A report from the New York Post, unconfirmed by CNBC, indicated that Verizon may demand a price negotiation on the...

Also read: Yahoo’s Marissa Mayer to Make $186 Million From Verizon Deal

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