Ahead of the sale of its core assets, Yahoo beats estimates to report 22% jump in Q1’17 revenue

The majestic days of one of the largest and renowned Internet giants are coming to an end very soon. Yahoo, the name every 90’s kid can associate with, is all set to merge its core operating assets with American telecom giant Verizon. But today, the company has today shared its quarterly earnings report for the first quarter ended March 2017.

In this quarter, Yahoo reported revenue of $1.33 billion on the back of earning of 18 cents per share. This is a remarkable turnaround for the...

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