Profit Yahoo! in the first quarter of 2008 increased by more than 3 times

    Profit Yahoo! in the first quarter of 2008 grew more than 3 times

    Net profit of the American Internet company Yahoo! Inc. in the first quarter of 2008 increased by 281% to $ 542.2 million, compared with $ 142.4 million for the same period last year. Revenue grew by 6%, from $ 1.7 billion to $ 1.8 billion.

    Operating profit was $ 169 million, which is 40% more than the first quarter of 2007, fixed at $ 120.6 million. Such data are contained in the company's report published today, April 23.

    Meanwhile, Yahoo! net profit Inc. for 2007 decreased by 12% to $ 660 million compared with $ 751.4 million received in 2006. Revenue grew by 9%, from $ 6.42 billion to $ 6.97 billion. Operating profit was $ 695.4 million, which is 26% less than the 2006 figure, fixed at $ 940.96 million.

    Recall that February 1 this year Microsoft offered to buy Yahoo! for $ 44.6 billion, but was refused. On April 6, Bill Gates set a three-week deadline for Yahoo! accepted the takeover offer. Otherwise, Microsoft threatened to apply directly to shareholders of Yahoo! In addition, the software giant did not rule out the possibility of lowering the amount of the offer for Yahoo !, however, according to most analysts, the company’s such good performance for the first quarter of 2008. may lead to the fact that Microsoft will, on the contrary, have to increase its offer.
    April 23, 2008, www.rbc.ru
    Looks like a response from Yahoo! was not just a bluff and a desire to increase the value of his shares. Perhaps the company is waiting for better times.

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