Yahoo! Inc. Q1 2010 Earnings Call Transcript

Yahoo! Inc. (YHOO) Q1 2010 Earnings Call April 20, 2010 5:00 PM ET

Executives

Marta Nichols – Investor Relations
Carol Bartz – Chief Executive Officer
Tim Morse – Chief Financial Officer

Analysts

Imran Khan - J.P. Morgan
Benjamin Schachter - Broadpoint AmTech
Youssef Squali - Jefferies & Co.
James Mitchell - Goldman Sachs
Mark Mahaney - Citigroup
Justin Post - BofA Merrill Lynch
Spencer Wang - Credit Suisse
Jason Helfstein - Oppenheimer & Co.
Brian Pitz - UBS
Douglas Anmuth - Barclays Capital

Operator

Good afternoon ladies and gentlemen, and welcome to the Yahoo! Q1 2010 earnings conference call. (Operator Instructions) I will now turn the call over to Miss Marta Nichols. Miss Nichols, you may begin.

Marta Nichols

Thank you operator and good afternoon. Welcome to Yahoo!’s first quarter 2010 earnings conference call. On the call today will be Carol Bartz, Chief Executive Officer and Tim Morse, Chief Financial Officer.

Before we begin I’d like to remind you that today’s call will contain forward-looking statements concerning matters such as our expected financial and operational performance, our search alliance with Microsoft, our marketing and product plans, cost initiatives, planned investments, technology improvements and corporate strategy as well as our expectations for the economy in general and online advertising in particular. Actual results may differ materially from the results predicted in our statements and reported results should not be considered indicative of future performance. Potential risks and uncertainties that could cause our business and financial results to differ materially from our forward-looking statements are described in our Form 10-K, filed with the SEC February 26, 2010, as well as in the earnings release included as Exhibit 99.1 to the From 8-K we furnished today to the SEC.

All information discussed on this call is as of today, April 20, 2010 and Yahoo! does not