There seems to be some confusion about Yahoo’s Q3 earnings tonight. Did it beat the Street or not?
Well, the stock-income adjusted earnings came in at $0.11, which is in line with the First Call number, which is, I think, a stock-adjusted figure. The revenue number is $1.12-billion, which is a little lower than the Street number. Am I missing something? The stock is up, so I’m wondering.
Whoops, Yahoo’s stock has apparently reversed course. I guess we are in agreement that the results were light after all.