Yahoo revenue nudges up 2%
Tuesday, July 20, 2010
By: Matt Stump
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Yahoo Inc. posted a 2% rise in Q2 '10 revenue to $1.6 billion, but a 132% increase in operating income to $175 million.
The jump in operating income stemmed from $65 million in restructuring charges in Q2 '09. Without those changes, however, operating income still rose 32%.
Yahoo saw slight increases in both its owned and operated site revenue and affiliate revenue. O&O revenue increased to $811 million, from $858 million last year, while affiliate fee revenue rose to $557 million from $520 million.