Yahoo’s Q2 earnings, which were publicly released Tuesday, underscore the challenges that new CEO Marissa Mayer will face as she takes over the struggling Internet company. Yahoo brought in $227 million in its second quarter, down from the $237 million it reported for the same time a year ago. Earnings per share were the same as last year at 18 cents. The company noted that display ad revenue rose 1 percent from a year ago, admitting it could have been higher if not for poor performance in Europe.
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Yahoo's Q2: Mayer Has Her Work Cut Out for Her
Posted by: Rachelle Dragani July 18, 2012 11:23 AMYahoo’s Q2 earnings, which were publicly released Tuesday, underscore the challenges that new CEO Marissa Mayer will face as she takes over the struggling Internet company. Yahoo brought in $227 million in its second quarter, down from the $237 million it reported for the same time a year ago. Earnings per share were the same as last year at 18 cents. The company noted that display ad revenue rose 1 percent from a year ago, admitting it could have been higher if not for poor performance in Europe.