Poor Results Announced

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Poor Results Announced

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04-26-2009, 07:49 PM

liowkc

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Join Date: Mar 2008

Posts: 4,317

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Poor Results Announced

Yahoo had announced that first quarter 2009 results were not so bright. Rrevenues have declined 13% over the first quarter of 2008 to $1.58 billion. Search was dragged down with the overall decline, with a 3% decrease. Display advertising saw a 13% drop.

Yahoo plans to cut 5% of its workforce very soon.

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