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TECH; Yahoo Gains in Income, Aided by Online Dating Sites Provider

TECH; Yahoo Gains in Income, Aided by Online Dating Sites Provider

A number of hot times has spiced up the otherwise bleak company at Yahoo.

While marketing revenue will continue to decline for Yahoo, the major Web portal, cost earnings, particularly from the quickly growing online personals solution, is getting back together the distinction.

The business’s income within the quarter that is first $192.7 million, up 7 per cent. Excluding revenue from HotJobs, the internet site that is help-wanted Yahoo purchased in February, the business’s product sales had been really flat using the $180 million it posted per year previously and somewhat in front of analysts’ objectives.

Yahoo destroyed $53.6 million within the quarter, mainly due to a $64 million fee regarding alterations in accounting. (more…)