Yahoo Announces 4th Quarter Financial Results: Stock Up In Pre Market

Yahoo has posted their year-end financial results, showing a drop in profits by but increase in overall revenues. Based on that news alone, Yahoo’s stock fell in after hours trading, but when Terry Semel, Yahoo’s CEO, announced the release of the new ranking model, the stock went up in after hours trading.

Ahead of the Bell: Yahoo at Forbes.com names the early release of project Panama the reason behind Yahoo’s stock increase overnight. CNNMoney.com has a good look at the pros and cons of the earnings call. You can read the full earning call, the transcript, at SeekingAlpha.

About The Author

Barry Schwartz

Barry Schwartz a Contributing Editor to Search Engine Land and a member of the programming team for SMX events. He owns RustyBrick, a NY based web consulting firm. He also runs Search Engine Roundtable, a popular search blog on very advanced SEM topics. Barry's personal blog is named Cartoon Barry and he can be followed on Twitter here.