Yahoo: ‘We Need More Revenue. Let’s Fire Some People’April 5, 2012 3:15 am
We spotted this today:
“But one analyst warned of further demoralization at Yahoo, something that he said could weaken the Internet giant’s ability to generate growth in revenue.
“Yahoo’s issue right now is not profitability — it’s revenue growth,” BGC Partners analyst Colin Gillis said in an interview. “That’s why the market is reacting so tepidly to this.”
Yahoo shares edged up a fraction to close at $15.27, against the backdrop of a broadly lower U.S. equities market. Yahoo’s stock has lost more than 5% since Jan. 1.”
Statistics Source: MarketWatch