Ron Burgundy Posted January 29, 2013 Share Posted January 29, 2013 (Reuters) - Yahoo Inc posted a 4 percent gain in net revenue to $1.22 billion in the fourth quarter, when an increase in search advertising sales offset weakness in the Web portal's display ad business. The company forecast net revenue -- which excludes fees shared with partner websites -- of $1.07 billion to $1.1 billion in the current quarter, trailing the $1.1 billion that Wall Street analysts expect on average. Shares in Yahoo, which is trying to stave off declines across much of its business and revive growth, were up 1.5 percent in after hours trade. They had risen 4. ... View the full article Quote Link to comment Share on other sites More sharing options...
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