Yahoo reported fiscal fourth-quarter earnings that topped expectations, but its first-quarter revenue guidance was a bit lower than analyst estimates. The stock remained higher after-hours as Wall Street cheered the search giant's revenue growth.
"In 2012, Yahoo exhibited revenue growth for the first time in 4 years, with revenue up 2 percent year-over-year," Yahoo CEO Marissa Mayer said in the earnings statement. "During the quarter we made progress by growing our executive team, signing key partnerships including those with NBC Sports and CBS Television, and launching terrific mobile experiences for Yahoo Mail and Flickr. At the same time, we achieved tremendous internal transformation in the culture, energy and execution of the company."