Yahoo meets analyst expectations

Iria · Apr 19, 2006, 05:59 AM

Yahoo on Tuesday posted a first-quarter net income that was down from a year ago on higher stock compensation expenses but was in line with analyst expectations.

Net income, including $71 million of stock compensation expense, was $160 million, or 11 cents a share, recorded under a new fair-value method. That compares with a year-ago figure of $138 million, or 9 cents per share, under the fair-value method--or $205 million, or 14 cents a share, recorded under the old intrinsic-value method--and when Yahoo had $6 million of stock compensation expense, the company said.
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Read More / Source: News.com

Apr 19, 2006, 05:59 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Yahoo meets analyst expectations Yahoo on Tuesday posted a first-quarter net income that was down from a year ago on higher stock compensation expenses but was in line with analyst expectations. Net income, including $71 million of stock compensation expense, was $160 million, or 11 cents a share, recorded under a new fair-value method. That compares with a year-ago figure of $138 million, or 9 cents per share, under the fair-value method--or $205 million, or 14 cents a share, recorded under the old intrinsic-value method--and when Yahoo had $6 million of stock compensation expense, the company said. ___________ Read More / Source: News.com