*Owned and Operated Display Advertising Grows 17% Year Over Year*
*Company Continues Strong Operating Income and Margin Expansion*
SUNNYVALE, California, October 19, 2010 – Yahoo! Inc. (NASDAQ: YHOO) today reported results for the quarter ended September 30, 2010.
Revenue was $1,601 million for the third quarter of 2010, a two percent increase from the third quarter of 2009. Income from operations for the third quarter of 2010 was $189 million, an increase of 107 percent year over year. Excluding restructuring charges of $17 million in the third quarter of 2009 and $6 million in the third quarter of 2010, income from operations increased 80 percent year over year.