Yahoo revenue down 13 percent

22 Apr 2009

Yahoo revenues were down 13 percent in the first quarter of 2009 compared to the previous year. Revenues were $1,580 million. The company says that were it not for currency rate fluctuations, the decline would have only been 9 percent.

Marketing services revenues declined 12 percent and fees revenues declined 20 percent. Net income for the first quarter of 2008 included a non-cash ga

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Brian Blum

Brian Blum covers the U.S., Canada and Israel for Classified Intelligence Report, and contributes to our special reports and research projects. Originally from San Francisco and now based in Jerusalem, he has been with the AIM Group since 2004. He is the president of Blum Interactive Media, specializing in writing and multimedia content development for online, print, video and audio. His clients include newspapers, universities and non-profits. He is currently working on a book about the billion-dollar bankruptcy of a once high-flying Israeli startup.