Yahoo revenue rises on search advertising

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    Anonymous

    Technology News

    A Yahoo logo is pictured in Rolle, Switzerland(Reuters) – Yahoo Inc posted a 4 percent gain in net revenue to $1.22 billion in the fourth quarter, when an increase in search advertising sales offset weakness in the Web portal's display ad business. The company forecast net revenue — which excludes fees shared with partner websites — of $1.07 billion to $1.1 billion in the current quarter, trailing the $1.1 billion that Wall Street analysts expect on average. Shares in Yahoo, which is trying to stave off declines across much of its business and revive growth, were up 1.5 percent in after hours trade. They had risen 4. …


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