Tuesday, April 15, 2014

Yahoo! (YHOO) Reports 1Q'14 Results

Yahoo! (YHOO) reported 1Q'14 results after the market closed today (02014.04.15). The headlines range from good to bad and here is one example: "Yahoo Shares Surge; Tepid Growth Is Still Growth" at The Wall Street Journal(Tue 5:09PM EDT).

The following are a couple of items I liked from Yahoo!'s 1Q'14 press release.

"Cash, cash equivalents, and investments in marketable securities were $4.6 billion as of March 31, 2014 compared to $5 billion as of December 31, 2013, a decrease of $0.4 billion."

During the first quarter of 2014, Yahoo repurchased 12 million shares for $450 million and used a net $22 million for acquisitions."

YHOO closed today (02014.04.15) at $34.21. 52-week range: $22.70 - $41.72.

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