Yahoo has reported declined profits of $297 million for the quarter ended September 30, 2013 (Q3 2013), down 10.3% from $331 million profit in the previous quarter and down 91% from $3.16 billion profit in the same quarter last year (Q3 2012). However, do note that the Q3 2012 profit includes a $2.8 billion gain from the sale of Alibaba group shares. Revenue excluding traffic acquisition costs (revenue ex-TAC) marginally declined to $1.08 billion, down 1% from $1.09 billion revenues in the same quarter last year. The total revenue declined by 5% year-on-year (YoY) to $1.14 billion for the quarter, down from $1.2 billion in the same quarter last year. Highlights - Yahoo has more than 800 million monthly active users, up 20% in the last 15 months. - Released an updated My Yahoo start page and a new camera experience on Flickr iOS app with live customizable filters and editing capabilities, powered by GhostBird Software which Yahoo had acquired in June 2013. - Launched Yahoo Weather app on Android and released an updated Yahoo app for iOS with animated cinemagraphs, ability to save content for later reading and others. A revamped Yahoo toolbar was also rolled out. - Released a refreshed mobile web experience for several of its properties including Mail, Finance, Homepage, Search, Messenger, News and others. - Launched redesigned versions of Yahoo Sports, Yahoo Movies, Yahoo Music, Yahoo TV, Yahoo omg!, Yahoo Games and Yahoo Weather. - Extended Yahoo Stream Ads to Mail and its mobile media properties.…
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