Seeking Alpha

Yahoo -4.6% AH; revenue guidance in-line, but Alibaba's growth slows

  • Yahoo (YHOO) guides within its Q4 earnings slides for Q1 revenue (ex-TAC) of $1.06B-$1.1B, in-line with a $1.08B consensus. However, op. income is expected to fall to $130M-$170M from $224M a year earlier.
  • Yahoo also reports Alibaba (ABABA) had Q3 revenue of $1.78B, +51% Y/Y (down from Q2's 61%) but only +2% Q/Q. The Chinese e-commerce giant had Q3 net income of $801M, up from $717M in Q2.
  • Yahoo Japan had Q3 revenue $1.03B (-4% Y/Y, even with Q2) and net income of $307M (-11%).
  • Display ad sales -6% Y/Y in Q4 to $491M after dropping 7% in Q3. Search ad sales +8% vs. +3% in Q3. Americas revenue (76% of total) flat Y/Y, EMEA -3%, Asia-Pac -10%.
  • Search paid clicks +17% Y/Y in Q4 vs. +21% in Q3. Price per click -3% vs. -4%. Display ads volume +3% Y/Y vs. +1%, price per ad -7% (unchanged).
  • CC at 5PM ET. Q4 results, PR.
Comments (5)
  • Thurston Howell
    , contributor
    Comments (7) | Send Message
     
    Bring back Jerry Yang.
    28 Jan, 06:27 PM Reply Like
  • samuel_liu
    , contributor
    Comments (2768) | Send Message
     
    He's on the board of Lenovo.
    29 Jan, 09:18 AM Reply Like
  • deercreekvols
    , contributor
    Comments (5052) | Send Message
     
    Yahoo CEO should have had more oversight from the Yahoo Board. They seemed to rubberstamp each and every purchase idea the CEO dreamed up.

     

    Talk of lower advertising revenue was the first sign that all is not well at Yahoo. Lack of focus on content never entered the picture and folks are tiring of the TMZ-like stories
    28 Jan, 07:43 PM Reply Like
  • Stone Fox Capital
    , contributor
    Comments (5577) | Send Message
     
    YHOO is a sign of the future of FB. You just can't turn around an internet brand. YHOO isn't cool any more, FB is next.
    29 Jan, 03:25 AM Reply Like
  • june1234
    , contributor
    Comments (2328) | Send Message
     
    Great marketing story she's done. Nothing much has changed for YHOO still stuck in same room with Google . good luck
    29 Jan, 07:20 AM Reply Like
DJIA (DIA) S&P 500 (SPY)