YAHOO!’s first quarter earnings report was released and the numbers aren’t too drastic or surprising. YAHOO! reported $1.26 billion in net revenue and earnings of 11 cents per share, versus the predictions of $1.23 billion and 11 cents per share. Basically, the numbers are good solid numbers.
There’s more good news. The outlook for next quarter looks like it’ll be good as well, with Carol Bartz saying, “Our business has positive momentum and we feel good as we head into 2010. We’re pleased that the midpoint of our Q1 revenue outlook marks the first quarter of year-over-year growth in six quarters.”
YAHOO!’s stock is up; shares have risen 1.88 percent so far in after-hours trading.