Yahoo! downbeat on revenue growth after profits crash 38%

by Staff, Brand Republic 18-Oct-06, 09:00

NEW YORK - Yahoo's latest quarterly results show a 38% drop in profits to $155m (£83m) despite a 19% growth in revenues to $1.58bn (£844m), as the company warns of an advertising slowdown.

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Terry Semel

Terry Semel

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