Net revenues for fiscal 2000 were $1,110,178,000, representing an 88 percent increase over net revenues of $591,786,000 in fiscal 1999. Pro forma net income for fiscal 2000 was $290,983,000 or $0.48 per share diluted compared to pro forma net income of $138,035,000 or $0.23 per share diluted in fiscal 1999.(1) Including pro forma charges, fiscal 2000 net income was $70,776,000 or $0.12 per share diluted and fiscal 1999 net income was $47,811,000 or $0.08 per share diluted.
For the full year 2001, Yahoo! expects revenues to be $1.2 billion to $1.3 billion, with marketing services and commerce accounting for 80 percent to 85 percent of revenues, and business services growing to 15 percent to 20 percent. In the first quarter of 2001, Yahoo! expects revenues between $220 million and $240 million, which reflects a changing customer mix, an expectation of slower advertising expenditures, and a continuation of current general economic conditions. |