Sunnyvale, California – (The Hosting News) – February 2, 2009 – Yahoo! global Internet company, has reported its fourth quarter and full year 2008 financial results, with revenues including $1,806 million of operating income.
Carol Bartz, Chief Executive Officer, Yahoo! Inc. noted, ”Despite the challenging economic environment, Yahoo! delivered adjusted operating cash flow above the midpoint of guidance for the fourth quarter. The company also made important investments while aggressively managing costs, leaving us better positioned to weather the economic downturn and emerge stronger when advertiser spending improves. We have work to do, but I am excited by Yahoo!’s opportunities, and encouraged by the tremendous innovation and momentum I’ve seen since joining the company as CEO.”
Fourth Quarter 2008 Financial Results include: