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To: Ritch who wrote (25027)7/11/2000 4:51:04 PM
From: Dealer  Read Replies (3) | Respond to of 35685
 
YAHOO--Tuesday July 11, 4:42 pm Eastern Time
Yahoo reports higher earnings, revenue
SANTA CLARA, Calif., July 11 (Reuters) - Internet media giant Yahoo Inc. (NasdaqNM:YHOO - news) on Tuesday reported higher than expected earnings in the quarter and said its revenues more than doubled.

The company reported pro forma net income, excluding certain unusual items, of $74 million or 12 cents per diluted share, compared with $27.1 million or 5 cents per diluted share in the year-ago period. The latest earnings exceeded the consensus analyst forecast for a profit of 10 cents per share.

Yahoo also said that sales grew to $270.1 million from $128.6 million the year before.

It said page views rose to an average 680 million per day in June, up from 625 million in March.