Yahoo! Inc. (YHOO) Q2 Revenue Misses Expectations

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HFA Staff
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Yahoo! Inc. (NASDAQ:YHOO) released its earnings for the three months ending June 30 this afternoon after the market closed. The company revealed that it earned $0.35 per share in the second quarter of 2013 on revenues totaling $1.07 billion. On today’s market, shares in the company trended down, closing Tuesday’s trading at $26.89. In the run up to the release of these figures analysts following the tech company were expecting to see earnings per share of $0.31 per share on revenue of $1.1 billion. In the same three months of 2012, Yahoo! Inc. (NASDAQ:YHOO) earned $0.27 per share on revenue of…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.