Like, We all know that Marissa Mayer was declared as a CEO of Yahoo,Inc in July and all the expectations of Yahoo was on Mayer’s head but later on there was a news that Mayer is pregnant but than she declared that she’ll manage the company later.
After that , She announced her first earning call and that was very anticipated and successful from the point of view of every Yahoo member. In her earning call, She en lighted some points of Yahoo like its core products such as search, mail, ads, mobile, news.
Now In Yahoo’s third quarter it looks much impressive than expected like Earnings-per-share were 35 cents on revenue of $1.09 billion whereas analysts estimates 26 cents per share on revenue of $1.08 billion.
“Yahoo had a solid third quarter, and we are encouraged by the stabilization in search and display revenue,” Marissa Mayer said in a statement. “We’re taking important steps to position Yahoo for long-term success, and we’re confident that our focus on quality and improving the user experience will drive increased value for our advertisers, partners, and shareholders.”