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Yahoo warns of weak Q1, more cost cuts planned
Chief Financial Officer Tim Morse said Facebook competition was not hurting Yahoo's display advertising business.Ugg boots,Wholesale Ugg,Ugg Outlet;Ugg Outlet Store;UGG Bailey Button Boots
"All impressions aren't created equal. With the big customers and branded advertisers, and the premium dollars being spent, we really aren't seeing that kind of competition," he said in an interview with Reuters.UGG Tasmina Sandals;UGG Gypsy Sandals;UGG Fluff Flip Flop Slipper;UGG Sundance Ii Boots
Morse told Reuters after Tuesday's financial results were released that there were still more costs to come out of Yahoo in coming years.UGG Ascot Slippers;UGG Fluff Scuff Ii;UGG Bags;UGG Classic Argyle Knit;UGG Classic Cardy Boots
Asked if that meant additional layoffs, Morse said: "Over the next few years, there will definitely be some more people who leave, there will be more people who are hired."UGG Infants Erin Boots;UGG Margot;UGG Nightfall Boots;UGG Ultimate Bind Boots
Net revenue, which excludes revenue shared with website partners, totaled $1.2 billion in the three months ended December 31, compared with $1.26 billion in the year ago period. Analysts polled by Thomson Reuters I/B/E/S were looking for $1.19 billion in net revenue.UGG Classic Mini Boots;UGG Classic Short Boots;UGG Classic Tall Boots;UGG Coquette Slippers
And it projected that net revenue in the first quarter will range between $1.02 billion and $1.08 billion, compared with the $1.13 billion expected by analysts.UGG Ultra Short Boots;UGG Ultra Tall Boots 2011.1.26 aly