Yahoo earnings down 26% uncertainty persists

MarketGadget – Yahoo Inc. has declined by 26% in its earnings for the third-quarter sales slipped during a period marked by the launch of top executive Carol Bartz of Yahoo and uncertainty on the ability to remain an independent company.

Yahoo YHOO +2.72% said it earned $ 293 million, or 23 cents per share, on revenue of $ 1.07 billion, excluding traffic acquisition costs. In the same period a year ago, Yahoo earned $ 396 million, or 29 cents per share, on $ 1.12 billion in revenue.

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