Yahoo! Inc just keeps on growing and beating Wall Street expectations. The internet uberbrand is now claiming some 65 million page views per day, in December, up from 50 million a day in September. Santa Clara-based Yahoo! reported net losses for the fourth quarter of $1.3m, including a one-time $3.9m charge relating to the acquisition of Four11 Corp, up from $666,000 losses last time. Without the charge the company would have made net profits of $0.05 and Wall Street was looking for $0.03, so look for yet another hike in the company’s share price when it opens this morning. Revenues for the quarter rose 181% to $25.1m. Last year was the year Yahoo! really took off, expanding from its search engine to offer various services and now rivaling some proprietary online services. It also established various partnerships overseas, including a major business in Japan and saw its share rise from $11.50 at the start of 1997 to $71.00 at the end. Cash at the year-end was $107.0m up $3m from the end of 1996. Yahoo! shares closed yesterday up $1.25 at $67.03125.
