Yahoo second-quarter earnings meet expectations

Iria · Jul 18, 2006, 10:48 PM

Source: ZDNet
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Yahoo posted second-quarter net income that met analyst expectations but was lower than a year earlier on higher stock compensation expenses.

Net income, including stock compensation expenses, was $164 million, or 11 cents a share, recorded under a new fair-value method. That compares with a year-ago figure of $755 million, or 51 cents a share--or $152 million, or 10 cents a share, under the fair value method. Stock compensation during the quarter was $73 million, up from $7 million in the year earlier quarter.

Jul 18, 2006, 10:48 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Yahoo second-quarter earnings meet expectations Source: ZDNet __________ Yahoo posted second-quarter net income that met analyst expectations but was lower than a year earlier on higher stock compensation expenses. Net income, including stock compensation expenses, was $164 million, or 11 cents a share, recorded under a new fair-value method. That compares with a year-ago figure of $755 million, or 51 cents a share--or $152 million, or 10 cents a share, under the fair value method. Stock compensation during the quarter was $73 million, up from $7 million in the year earlier quarter.