Yahoo! Inc. (YHOO) Is Rising On Q4 Earnings News - InvestingChannel News

Yahoo! Inc. (YHOO) Is Rising On Q4 Earnings News

Yahoo! Inc. (YHOO: Quote) reported fourth quarter non-GAAP EPS of $0.32 after the bell Monday, up from $0.25 in the prior year period. Revenue excluding traffic acquisition costs was $1,221 million, a 4 percent increase from last year. The consensus estimates were for EPS of $0.28 and revenues of $1.21 billion. The stock is now up 0.84 on 3.6 million shares.

Yahoo! dipped slightly in early trade Monday, before settling into a range. The stock finished down by 0.06 at $20.31 and pulled back slightly from the highs of the year.

Click here to receive FREE breaking news email alerts for Yahoo! Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.comBusiness News