Yahoo Q4 subtext: 'Marissa Mayer effect' starts to show up
After a full quarter with Marissa Mayer as its chief executive, Yahoo is showing signs of improvement.
But is it time to believe the turnaround story is for real?
That debate is about to get new life breathed into it after the company released non-GAAP earnings of $272.27 million, or 32 cents per share, in the fourth quarter on sales of $1.35 billion. Taking charges into account, Yahoo earned 23 cents per share. The consensus analyst estimate was for 27 cents per share, minus expenses connected with Yahoo's exit from South Korea. Revenue this quarter was expected … Read more