Yahoo, Inc. (YHOO) Sees Added Boosts on Alibaba Top-Line Numbers
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Yahoo! (YHOO) PT Raised at Evercore Partners on Higher Alibaba Valuation
April 16, 2014 6:35 AM EDTEvercore Partners analyst Ken Sena bumped his price target on Yahoo! (NASDAQ: YHOO) from $39 to $42 following Q1 results, but maintained his Equal Weight rating. The price target increase comes amid an increased valuation for Alibaba after the company delivered strong results.
Sena commented, "Alibaba delivered accelerated revenue growth of... More
Alibaba Q1 Revs, Profit Surge on Key Holiday Sales (YHOO)
April 15, 2014 4:15 PM EDT(Updated - April 15, 2014 4:55 PM EDT)
Alibaba Group Q4 revenue rose 66 percent to $3.06 billion while net income more than doubled to $1.35 billion.
Profit was driven by strong e-commerce promotion and sales last November during Alibaba's Singles' Day. On Singles' Day, which was Mov. 11, 2013, sales for Alibaba's two... More
Yahoo, Inc. (YHOO) Tops Q1 EPS by 1c
April 15, 2014 4:06 PM EDTYahoo, Inc. (NASDAQ: YHOO) reported Q1 EPS of $0.38, $0.01 better than the analyst estimate of $0.37. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.08 billion.
I am really pleased by our first quarter performance, marking our best Q1 revenue ex-TAC since 2010. Buoyed by our 9th consecutive quarter of year-over-year growth in Search revenue ex-TAC and our first quarter of Q1 year-over-year growth in display revenue ex-TAC... More
Yahoo, Inc. (YHOO) Near Session Highs into Q1 Report
April 15, 2014 3:21 PM EDTYahoo! (Nasdaq: YHOO) is positive Tuesday afternoon heading into the company's Q1 report.
After markets close, Yahoo! is expected to report Q1 EPS of $.37 with revenue of $1.08 billion, from EPS of $.38 and revs of $1.07 billion in the same period last year.
Money... More
