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Monthly Archives: April 2006

Yahoo! financial results

Posted on by Browser Media

Yahoo has reported net income for the first three months of the year fell of $160m (£90m). This represents a considerable fall from the previous year, where the net income was $204.6m, but the figures have been blurred by new US accounting rules. Yahoo states that new accounting legislation for deducting the expenses for employee stock options has cost the firm $65m more than last year. Without the changes in…

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