Yahoo's 1Q disappoints, but stock rises on Yahoo Japan hopes

April 22, 2015 2:28 AM

57 0

Yahoo is still struggling to boost its revenue nearly three years into CEO Marissa Mayer's tenure, magnifying concerns that the Internet company holds little value beyond its lucrative Asian investments.

The latest evidence of Yahoo's financial malaise emerged Tuesday with the release the company's first-quarter earnings report. Mayer and Yahoo's chief financial officer, Ken Goldman, eased investors' disappointment by pledging to cut costs, while indicating that the company may be willing to fulfill...

Also read: Euro zone June industry output drops by more than expected

Read more

To category page

Loading...