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Yahoo reports another sales decline as ads sag

2014-01-29 15:26:13| InfoWorld: Top News

Yahoo reported a 6 percent drop in revenue for the fourth quarter as sales of its display and search ads dropped compared to last year.Revenue for the quarter ended Dec. 31, 2013, was $1.266 billion, down 6 percent compared to the same period the previous year, Yahoo said Tuesday. Excluding traffic acquisition costs, revenue was down 2 percent, though in line with the expectations of analysts polled by Thomson Reuters.

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