Yahoo has reported revenue of $1.58 billion for the third quarter of 2009, down 12 percent from the same period a year earlier, although net income was up sharply, by 244 percent, the company said.
Yahoo's third-quarter income was $186 million, the company said Tuesday, up from $54 million for the third quarter of 2008. Earnings per share was $0.13, significantly ahead of analyst estimates of $0.07, according to those polled by Thomson Reuters.
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