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January 16, 1997updated 05 Sep 2016 1:04pm

YAHOO! WRONG-FOOTS WALL STREET WITH SMALL PROFIT IN Q4

By CBR Staff Writer

Yahoo! has managed to eke out a small profit for its most recent quarter where most of Wall Street had been gambling on a loss. Yahoo! chief financial officer Gary Valenzuela said total page views including Yahoo! Japan rose to 20 million a day in the month of December, up from over 15 million a day in September, including Yahoo! Japan, which amounted to about 1 million page views per day in September and 1.4 million in December. We’re going to emphasize growth, Valenzuela told Reuter in an interview. We’re focused on building long-term value for shareholders, particularly at this early stage, growing market share and building out the Yahoo! family of properties. Yahoo!’s advertiser base increased to 550 in the fourth quarter, up from 340 in the third quarter, adding a combination of consumer brands and technology companies, he added.

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