Yahoo profits better than expected in three quarter

Zhang Hongyu, the world's Internet giant, announced its third-quarter earnings October 18 after the New York stock market.　　Data show that Yahoo in the third quarter to achieve a net profit of 293 million U.S. dollars, 23 cents per share earnings, the same period last year net profit of 396 million U.S. dollars, a share earnings of 29 cents. Analysts who had previously been polled by Thomson Reuters expected Yahoo to gain 17 cents a share in the third quarter.　　With Better-than-expected results, Yahoo's shares were up about 3% per cent after trading, charging 15.98 of dollars. Yahoo's third-quarter revenue fell 24% to $1.217 billion year-on-year, with net revenues down about 5% to 1.072 billion dollars year-on-year, operating income down 6% to 177 million dollars year-on-year, according to data. The company said the decline was mainly due to the impact of its previous search engine business agreements and related revenue-sharing with Microsoft. Yahoo said it expects its fourth-quarter net income to be 1.125 billion to 1.235 billion dollars. (Zhang Hongyu) to share: