Feeds

Ad confidence spurs Yahoo!

Oversees biz triples

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

Yahoo! posted its best ever numbers again today. Quarterly revenue topped a billion dollars for the first time, and after traffic costs were excluded, Yahoo! grossed $785m in income. Net income doubled over the preceding period last year to $373m, or $187m after an investment sale is removed from the numbers, more than double the $75m recorded in the same period last year.

Over the year, Yahoo! made $840m profit on sales of $3.575bn. The company does not break down income into banner ads on its own site and the income from classified ads via Overture.

Oversees ad revenue saw the fastest growth, with income outside the US up from $118.4m a year ago to $302.6 in Q4 FY2004, despite the defection of AOL Europe to arch ad rival Google. US revenues grew from $545m to $775m.

The books value the company at $9bn, and it has $4bn in assets, of which $1.4bn is cash.

Both Google and Yahoo! have seen explosive growth from their ad brokerage businesses, although Google recently said that it expects the growth of classified ad revenue to slow. Google's CFO, George Reyes, told a conference recently that the sector remained under a cloud unless solutions are found to combat click fraud.

"I think something has to be done about this really, really quickly, because I think, potentially, it threatens our business model," he said. ®

Related stories

MSN signs up Overture for another year
Google! Licenses! Yahoo's! Secret! Sauce!
Yahoo! shows paid search pays
Google shares fall on less-than-stellar growth fears
Couple names baby Yahoo

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.