Yahoo Q1 Beats Analysts With Earnings Per Share Of 38 Cents, (Ex-TAC) Revenue Flat At $1.07B

Yahoo just released its earnings report for the first quarter of 2013, with better-than-expected (non-GAAP) earnings per share of 38 cents. Revenue (excluding traffic acquisition costs) was flat compared to last year, at $1.07 billion. Analysts has predicted that the company would report revenue of $1.1 billion and 24 cents EPS. Wall Street normally evaluates Yahoo on an ex-TAC basis ? including traffic acquisition costs, revenue was $1.14 billion.

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