Yahoo earnings miss expectations, Google search deal announced

October 20, 2015 8:27 PM

43 0

Yahoo Inc. shares were volatile in Tuesday’s extended trade after the web portal company reported quarterly results that missed Wall Street’s expectations.

Yahoo said its third-quarter earnings fell to $76 million, or 8 cents a share, from $6.77 billion, or $6.70 a share, a year ago. On an adjusted basis, the company would have earned 15 cents a share, falling short of 16 cents a share forecast by analysts in a FactSet survey. Year-earlier results were...

Also read: U.S., China Agree on Outline to Settle ZTE Controversy

Read more

To category page