Yahoo swings to loss as revenues rise

GMT 20:24 2015 Tuesday ,21 July

Arab Today, arab today Yahoo swings to loss as revenues rise

San Francisco - Arab Today

Yahoo said Tuesday it lost $22 million in the second quarter but that revenues grew as the Internet pioneer refocused its efforts on mobile and other growing sectors.

Chief executive Marissa Mayer said she was pleased with the growth, saying, "Yahoo's transformation continues to make great progress."


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