Re:Warren Buffett and Dan Gilbert Unite in Bid to Acquire Yahoo
by taylorwc on Monday May 16, 2016 @05:48PM
(#11709909)
You zoomed in on a quarter, which is not a good way to look at it. From an annual standpoint, they have been profitable for each of the last 4 years, excluding 2015. 2015 Included a massive impairment of goodwill (which is not a cash expense) at $4.4B[0] and would have otherwise been profitable.
[0] http://www.sec.gov/Archives/edgar/data/1011006/0001193125164...
Re:Warren Buffett and Dan Gilbert Unite in Bid to Acquire Yahoo
by cscurmudgeon on Monday May 16, 2016 @11:52PM
(#11711263)
Just one quarter due to accounting. Annually quite profitable. Ugh, I wish the Guardian was more financially literate.
Yahoo announced falling revenues and a quarterly loss of $99.2m on Tuesday - from April 19, 2016