Yahoo's Decker reiterates reduced financial targets
SAN FRANCISCO (AFX) - Yahoo Inc's chief financial officer Susan Decker reiterated the company's reduced financial targets for the second quarter and 2001 during the company's AGM, the Wall Street Journal reported in its online edition. Decker said the company expects to break even, excluding special items, in the second quarter, with revenue in the range of 165 mln usd to 185 mln. EBITDA should be in the range of negative 10 mln usd to break-even. For 2001, Yahoo expects to earn two to six cents a share on revenue of between 700 mln to 775 mln usd, with EBITDA of break-even to 50 mln usd.
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