Yahoo's Earnings Weakness Starting To Get Old
from the yahoo? dept
It's no secret that Yahoo's performance has been pretty shabby of late, as it cost CEO Terry Semel his job. The company has tried to argue that its new Panama advertising platform would turn its performance around, but so there seems to be nothing doing. This evening, the company released its earnings, which look to be more of the same. Profits aren't growing and there's no sign that they'll grow anytime soon. To be fair to Jerry Yang, he does deserve some time to right the ship, but as one analyst put it, "This is growing old."