Tech Stock News And Analysis

 
Tech Stock News and Analysis
Tuesday, September 19, 2006
Yahoo Inc. Chief Financial Officer Sue Decker said on Tuesday the company expects to deliver third-quarter results "at the bottom half of the range of financials" previously forecast.

"We have seen a little bit of weakness in the last few weeks" in auto and financial services advertising, Decker told investors at a Goldman Sachs media conference.

On July 18, Yahoo had forecast third-quarter revenue of $1.12 billion to $1.23 billion.

Yahoo is trading down $3.70 (12.70%) to $25.20 in afternoon trading on the NASDAQ.

0 Comments:
Post a Comment
<< Home
 
Previous Post
Archives
Links
Powered by

Free Blogger Templates

BLOGGER

© 2005 Tech Stock News And Analysis Template by Isnaini Dot Com