Yahoo paints brightening picture through 2013

May 26, 2010

(AP) -- Yahoo expects to make more money than management previously pledged as the slumping Internet company attracts more online advertisers and reaps savings from an upcoming search partnership with Microsoft.

In a Wednesday presentation for stock market analysts, Yahoo projected its operating profit margin will range from 18 percent to 24 percent by 2013. That's more ambitious than the margin of 15 percent to 20 percent margin forecast by the company in its last all-day meeting with analysts seven months ago.

is planning on its revenue to increase by an average of 7 percent to 10 percent from 2011 through 2013. The company didn't predict how much its revenue would improve this year after falling 10 percent last year.

Explore further: US newspaper industry revenue fell 2.6 pct in 2013

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Yahoo 1Q profit soars, revenue grows, stock falls

Apr 20, 2010

(AP) -- Yahoo Inc. milked the recovering online advertising market and its new partnership with Microsoft Corp. to start the year with its best quarterly performance since hiring Carol Bartz to engineer a ...

Yahoo CEO pledges to boost profit margins

Nov 10, 2009

(AP) -- Yahoo Inc. Chief Executive Carol Bartz promised Tuesday to turn around the struggling Internet company after this year's "terrible" performance.

Tough first year for Yahoo's tough-talking CEO

Jan 12, 2010

(AP) -- Carol Bartz spent much of her first year as Yahoo Inc.'s chief executive rallying the troops and clearing the decks, often sounding like a salty drill sergeant as she vowed to whip the downtrodden ...

Recommended for you

Airbnb rental site raises $450 mn

8 hours ago

Online lodging listings website Airbnb inked a $450 million funding deal with investors led by TPG, a source close to the matter said Friday.

US venture investments highest since 2001 (Update)

Apr 18, 2014

Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into a growing number of deals, according to a report due out Friday.

User comments : 0

More news stories

Airbnb rental site raises $450 mn

Online lodging listings website Airbnb inked a $450 million funding deal with investors led by TPG, a source close to the matter said Friday.

Health care site flagged in Heartbleed review

People with accounts on the enrollment website for President Barack Obama's signature health care law are being told to change their passwords following an administration-wide review of the government's vulnerability to the ...

Impact glass stores biodata for millions of years

(Phys.org) —Bits of plant life encapsulated in molten glass by asteroid and comet impacts millions of years ago give geologists information about climate and life forms on the ancient Earth. Scientists ...