Yahoo business is down

Calcutta News.Net
Wednesday 18th July, 2007 (BigNewsNetwork.com)

Yahoo has announced a fallen second-quarter profit from the same period last year.

The Internet firm said that net income for the three months ended June 30th totalled $160.57 million, or 11 cents a share, compared to $164.33 million in the corresponding period a year earlier.

Total revenue rose to $1.7 billion from $1.58 billion, said the company. Net sales rose to $1.24 billion from $1.12 billion.

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