Yahoo Reports Fourth Quarter and Full Year 2016 Results – Yahoo (Jan 23, 2017)
Yahoo’s results seem to have been well received, though it also announced that the Verizon acquisition now likely won’t close until Q2. The results themselves are a mixed bag, really – there’s been an interesting switch between search and display advertising performance over the past year, with erstwhile strength search taking something of a dive, while display advertising actually performs better. Overall revenue after traffic acquisition costs is still down year on year, but Q4 was stronger by far than the rest of 2016. Yahoo has changed the presentation of so many of its metrics that many of them are impossible to compare on a like for like basis year on year, but positive change overall is still hard to find in the results. Mostly, they’re probably better described as less bad rather than actually good. There’s plenty here for Verizon to sink its teeth into when the deal eventually does close.
via Yahoo Reports Fourth Quarter and Full Year 2016 Results – Yahoo (further coverage on Techmeme)
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