Yahoo earnings come in above estimates and shares rise in after market

January 28, 2013
January 28, 2013

A link from The Wall Street Journal.

Yahoo shares jumped in late trading after the company’s earnings came in far higher than Wall Street expected, but the spike is wearing away as investors dig through the guts of report. Shares were up 5% in late trading, but are now up 3.5% at $21.02. Revenue was $1.35 billion, up from $1.32 billion a year ago.

Top News

Powered by VIP