Boston, MA 10\/17\/2013 (wallstreetpr) – The company had recently announced its 3Q2013 earnings, which was expected to show the results of the turnaround strategy adopted by the company and its new CEO Marissa Mayer. The company had successfully reported an EPS of $0.34. However, this was less as compared to the same quarter of the previous year’s EPS of $0.35. However minimal, the fall comes at a time when the company had been boasting of rising viewership and an expanding user base. When we look at numbers, the claims by the company seem to be true though, which saw a surge of as much as 20% traffic over July 2012. A major part of such traffic comes from mobile users. This has indicated of the fall among users of PC, which is also a sign for the company to get more mobile friendly. However, despite a rising user base, the ad revenues have been falling, explaining the EPS fall. Also, the company has direct competition from rivals such as Google, Twitter, and Facebook.\u00a0 The market seemed to have discounted the same in their expectations, which were pegged at around $0.33 per share.<\/p>\n
The current EPS has been as a result of a spate of acquisition undertaken by the new CEO, which amounts to more than 20 companies. This has not only resulted in availability of a vast talent for the company, but it also helped create synergies out of people products, traffic, and human resource for the company. The company\u2019s investment in Alibaba seemed to have created the magic, which is expected to launch its own IPO of $70 billion. Such IPO will result in ample availability of cash for Yahoo, who will have to sell out shares. The worst the company can expect to earn in cash is a whopping $17 billion. Investors have now started looking forward to further successful acquisitions by the company. With the current excess of cash availability, the company may also look forward for to buyback too.<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 10\/17\/2013 (wallstreetpr) – The company had recently announced its 3Q2013 earnings, which was expected to show the results of the turnaround strategy adopted […]<\/p>\n","protected":false},"author":32,"featured_media":10353,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[709,1816,3322,72],"stock_ticker":[],"class_list":["post-10352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-nasdaqyhoo","tag-yahoo-inc-nasdaqyhoo","tag-yahoo-inc","tag-yhoo","entry"],"acf":[],"yoast_head":"\n