Sale of Google stake lifts Yahoo’s Q3 profit

In: Search Engines News

12 Oct 2004

Internet giant Yahoo Inc.’s third-quarter profit nearly quadrupled, reflecting a continued boom in online advertising.

The Sunnyvale-based company said Tuesday that it earned $253.3 million, or 17 cents per share, for the three months ended in September, up from net income of $65.3 million, or 5 cents per share, at the same time last year. More


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