Reuters: Technology News: Yahoo posts $1.09 billion net revenue in third quarter

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Yahoo posts $1.09 billion net revenue in third quarter Oct 22nd 2012, 20:27 Tweet Share this Email Print Related News Analysis: Yahoo CEO's comeback plan homes in on technology, not media Sun, Oct 21 2012 Google results miss; shares dive after premature report Fri, Oct 19 2012 State Street third-quarter net rises, forex revenue plummets Tue, Oct 16 2012 Analysis & Opinion Wall Street pay: Headed up or down? Jack Dorsey's impractical double duty Related Topics Investing Simplified » Tech » A Yahoo! billboard is seen in New York's Time's Square January 25, 2010. Credit: Reuters/Brendan McDermid By Alexei Oreskovic SAN FRANCISCO | Mon Oct 22, 2012 4:27pm EDT SAN FRANCISCO (Reuters) - Yahoo Inc reported a slight uptick in net revenue in the third quarter, the struggling Internet company's first three months under new Chief Executive Marissa Mayer. Yahoo shares were up 3 percent at $16.25 in after hours trading on Monday. Excluding a $2.8 billion gain related to the sale of Alibaba Group shares, Yahoo said it earned $177 million in income from operations and adjusted net earnings of 35 cents per share. Net revenue, which excludes fees paid to partner websites, was $1.09 billion compared with $1.07 billion in the year ago period. (Reporting By Alexei Oreskovic. Editing by Andre Grenon) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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