Analyst Research Report Snapshot


Yahoo! - Snapshot of Q4 2012 Results




Indigo Equity Research


01 Feb 2013





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Snapshot - 2012 Q4 Results Mixed 2012 Q4 results - Improving revenues but still a turnaround case. Revenue growth continues to improve QoQ, albeit at low levels, driven by Search. But Display continues to contract; the turnaround strategy is not delivering (yet). Yahoo!'s growth is well below industry averages and it lags in the shift to mobile. Prospects hinge on a Display turnaround and income from Yahoo! Japan & Alibaba. Guidance was for........ - Q4 Total Revenues (ex-TAC) rose $52 m (+4%) to $1.2 bn. ............. Independent, buy-side, fundamental, financial analysis.

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