Article: Yahoo! Reports Third Quarter Profit.

Company Posts $53.6 Million in Revenues and $16.7 Million in Net Income

SANTA CLARA, Calif., Oct. 7 -- Yahoo! Inc. (Nasdaq: YHOO) today reported revenues totaling $53,620,000 for the third quarter ended Sept. 30, 1998, nearly triple the revenues of $18,134,000 reported in the comparable period of the previous year. Revenues for the third quarter ended Sept. 30, 1998 represent a 30 percent increase over revenues of $41,210,000 reported in the second quarter ended June 30, 1998. Net income for the quarter was $16,654,000 or $0.15 per share diluted, compared to net income of $681,000 or $0.01 per share diluted for the comparable period in the previous year and pro ...

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