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Business News

Yahoo fourth-quarter profit slips

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Published: Monday, 28 Jan 2013 | 4:13 PM ET

Jan 28 (Reuters) - Yahoo Inc reported revenue of $1.35 billion in the fourth quarter, up nearly 2 percent year-on-year.

The Web portal said on Monday that its fourth-quarter net income was $272.3 million, or 23 cents per share, versus $295.6 million, or 24 cents per share in the year-ago period.

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The Web portal said on Monday that its fourth-quarter net income was $272.3 million, or 23 cents per share, versus $295.6 million, or 24 cents per share in the year-ago period.

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