Feeds

Yahoo! earnings! slow!

New Year hangover

Reducing security risks from open source software

The rate of Yahoo!'s net income growth slowed in the first three months of 2006. Compared to Q1 2005, Yahoo! recorded 33 per cent higher revenues after traffic acquisition costs (TAC) are deducted, and operating income 26 per cent higher year-on year.

However, the company's revenue for the quarter was only slightly up sequentially to $1.09bn, from $1.07bn in Q4 2005, ex-TAC. Profits from international operations were becalmed, compared to the last three months of 2005. Overall, net income was $160m. Executives said an accounting change related to stock options cost the company $57m in profits.

Operating cash flow dipped sequentially to $435m, down from $459m, and average revenue per user also fell slightly quarter-on-quarter, although both are up on a year ago.

Yahoo! ended the quarter with over 10,000 employees, 2,400 more than a year ago.

Yahoo! is spending $750m of its $3.83bn cash hoard on buying back stock. The company offered a revenue outlook in the range of $1.08bn to $1.16bn for Q2. ®

Mobile application security vulnerability report

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.