Yahoo Q2 net loss US$48.50mln

Yahoo announced Q2 quarter results: Net loss US$48.50mln vs previous US$53.30mln net profit, 9 US cents loss per share; restructuring expenditure and net profit of special projects US$8.7mln; operating income down 33% to US$182mln, higher than the market expected US$175.1mln. Yahoo expected its income and expenses would be balanced, and per share earning would be between 2 and 6 US cents for the whole year. It closed at ro US$19.35.

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