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SANTA CLARA, Calif. - April 8, 1998 - Yahoo! Inc. (NASDAQ: YHOO) today reported revenues totaling $30,206,000 for the first quarter ended March 31, 1998, a 20 percent increase over revenues of $25,105,000 reported in the fourth quarter ended Dec. 31, 1997 and a 200 percent increase over the comparable period in the previous year. Net income for the first quarter was $4,285,000 or $0.08 per share diluted, compared to a pro forma net income of $2,574,000 or $0.05 per share diluted in the fourth quarter ended Dec. 31, 1997 (fourth quarter pro forma net income excludes the one-time charge of $3,850,000 incurred in connection with the acquisition of Four11 Corporation) and a net loss of $740,000 or $0.02 per share diluted for the comparable period in the previous year. |
