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Yahoo! Inc Issues Q2 2013 Revenue Guidance In Line With Analysts' Estimates; Issues Q2 2013 Mixed Earnings Guidance; Reaffirms FY 2013 Guidance; Comments On H2 2013 Revenue Guidance-Conference Call


Tuesday, 16 Apr 2013 09:00pm EDT 

Yahoo! Inc announced that for the second quarter of 2013, it expects revenue ex-TAC to be in the range of $1.060-$1.090 billion, tend historically to be flat first quarter to second quarter. Adjusted EBITDA to be between $350 million and $370 million, non-GAAP operating income, excluding stock-based comp, to be between $190 million and $210 million for the second quarter of 2013. For calendar 2013 (fiscal 2013) guidance is unchanged with that given on the fourth quarter 2012 call. The Company do recognize that product initiatives need to affect revenue growth in the second half 2013 to achieve these financial results. For fiscal 2013, revenue ex-TAC expected to be between $4.5 billion and $4.6 billion, Adjusted EBITDA expected to be between $1.6 billion and $1.7 billion, and non-GAAP operating income excluding stock-based comp expected to be between $1.050 billion to $1.100 billion. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $1.112 billion, EBIT of $185 million and EBITDA of $393 million for the second quarter of 2013; revenue of $4.585 billion, EBIT of $820 million and EBITDA of $1.676 billion for fiscal 2013. 

Company Quote

36.0
-0.12 -0.33%
2:10pm EDT