Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Yahoo! Inc.    YHOO

Delayed Quote. Delayed  - 08/26 10:00:00 pm
42.27 USD   +0.57%
01:35p YAHOO : YWCA in North Tonawanda eyed for apartments
08/26 YAHOO : Esports and ESL Team Up for Live Streaming & Content Partner..
08/25 YAHOO : Over terminated Melbourne hearing, Yahoo 7 News journalist K..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Yahoo CEO says Microsoft search deal underperforms

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/13/2013 | 12:14am CEST

Yahoo Inc Chief Executive Marissa Mayer said the company's search partnership with Microsoft Corp was not delivering the market share gains or the revenue boost that it should.

"One of the points of the alliance is that we collectively want to grow share rather than just trading share with each other," Mayer said at the Goldman Sachs Technology and Internet Conference in San Francisco on Tuesday.

In her first appearance at an investor conference since taking the reins of the struggling Web portal in July, Mayer said she planned to prune a sprawling lineup of mobile apps and she reiterated her focus on enticing consumers to spend more time on Yahoo's online properties, in order to display more money-making ads.

"I'm not confused. Our biggest business problem right now is impressions. Basically can we grow impressions, can we get growth happening here," Mayer said.

Yahoo shares finished Tuesday's regular trading session up 31 cents at $21.21.

Mayer, 37, took over after a tumultuous period at Yahoo in which former CEO Scott Thompson resigned after less than 6 months on the job over a controversy about his academic credentials and in which Yahoo co-founder Jerry Yang resigned from the board and cut his ties with the company.

Yahoo's revenue in 2012 was flat year-over-year, at roughly $5 billion, and down from roughly $6.3 billion in 2010.

"We need to see monetization working better because we know that it can and we've seen other competitors in the space illustrate how well it can work," Mayer said of the search deal with Microsoft.

Yahoo and Microsoft entered into a 10-year search partnership in 2010, hoping their combined efforts could mount a more competitive challenge to Google Inc, the world's No.1 search engine. But the partnership has not lived up to expectations.

Google remains the dominant search engine, with a 66.7 percent share of the U.S. market in December, almost unchanged from its 66.6 percent share two years earlier, according to online analytics firm comScore.

Microsoft had 16.3 percent share and Yahoo had 12.2 percent share in December, a reversal of two years earlier when Yahoo's U.S. search share was 16 percent and Microsoft had 12 percent share.

Yahoo's stock has risen more than 30 percent since Mayer took the helm in July, reaching its highest levels since 2008.

Analysts say that part of the stock's rise has been driven by significant stock buybacks, using proceeds from a $7.6 billion deal to sell half of its 40 percent stake in Chinese Internet company Alibaba Group.

Mayer said that she viewed the company's relationship with Yahoo Japan, which is partly owned by Softbank, as "strategic" to the company. Under previous CEOs, Yahoo had engaged in unsuccessful discussions to "monetize" its roughly 35 percent stake in Yahoo Japan.

(Reporting by Alexei Oreskovic; Editing by Phil Berlowitz)

By Alexei Oreskovic

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on YAHOO! INC.
01:35p YAHOO : YWCA in North Tonawanda eyed for apartments
03:22a ALPHABET : JM Internet Group Announces Updated 2016 SEO Book Just in Time for Fa..
08/26 YAHOO : Esports and ESL Team Up for Live Streaming & Content Partnership
08/26 US telecom giant Verizon buys Yahoo's core assets for $4.8bn
08/26 YAHOO : Are Facebook and Twitter doing enough to protect users?
08/25 YAHOO : Over terminated Melbourne hearing, Yahoo 7 News journalist Krystal Johns..
08/25 YAHOO : If you get redirected while searching on Google, Yahoo or Bing...
08/24 YAHOO : Major, Lindsey & Africa Places Chief Legal and Chief Compliance Officer ..
08/24 YAHOO : The Information Industry in the U.S. and Abroad
08/24 YAHOO : grants $480K to local projects
More news
Sector news : Search Engines
08/27DJFACEBOOK : Edits 'Trending' -- WSJ
08/26DJFACEBOOK : Scaling Back Human Intervention of 'Trending' Feature
08/26 FACEBOOK : Fed's Bullard sets off spat with quip over activists' funding
08/26DJWeb Firms May Have to Pay Publishers for News Under EU Rules
08/26DJFACEBOOK : WhatsApp Shifts On Sharing Data With Facebook -- WSJ
More sector news : Search Engines
News from SeekingAlpha
05:48a VERIZON : Back To $50
04:02a Verizon's Mixed Bag Purchases Of Yahoo And Fleetmatics
08/26 Yahoo Esports enters into live-streaming deal with ESL
08/26 YAHOO'S REMAIN CO. : Cash Return Timing Is Key
08/22 Which Media Companies Are Winning The Battle For Millennials?
Advertisement
Financials ($)
Sales 2016 5 068 M
EBIT 2016 227 M
Net income 2016 -372 M
Finance 2016 4 713 M
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017 225,92
EV / Sales 2016 7,01x
EV / Sales 2017 6,85x
Capitalization 40 232 M
More Financials
Chart YAHOO! INC.
Duration : Period :
Yahoo! Inc. Technical Analysis Chart | YHOO | US9843321061 | 4-Traders
Full-screen chart
Technical analysis trends YAHOO! INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 38
Average target price 42,3 $
Spread / Average Target 0,09%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Marissa Ann Mayer President, Chief Executive Officer & Director
Maynard G. Webb Chairman
Kenneth A. Goldman Chief Financial & Accounting Officer
Laurie Mann Chief Information Officer
David Filo Director & Chief Yahoo
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
YAHOO! INC.27.09%40 232
ALPHABET INC1.96%537 023
BAIDU INC (ADR)-8.24%60 126
NAVER CORP--.--%23 669
YAHOO JAPAN CORPORATIO..-16.09%23 036
YANDEX NV40.84%7 074
More Results