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Yahoo Q4-FY12 Concall: On Business Challenges, Future Plans & Partnerships

Yahoo reported a net profit of $301 million for the quarter ending December 31, 2012, registering a 10% growth from $273.65 million profit in the same quarter last year. It reported a total revenue of $1.35 billion for the quarter, up 2% from $1.32 billion revenue in the same quarter last year. Here are some notes from Yahoo's Investor conference call: - 2012 Was A Growth Year: Yahoo reported a total revenue excluding traffic acquisition costs of $4.47 billion for the fiscal 2012, up 2% from $4.38 billion revenues in 2011. Yahoo CEO Marissa Mayer said that 2012 was the first growth year for the company since 2008. - Focus Areas:  Mayer stated that Yahoo clocked 200 million unique monthly mobile users in 2012 and mobile is incredibly important to their strategy along with "people and products". Mayer also said that they have identified three key business challenges for the company in 2013, which if addressed, will offer growth opportunities to the company. These include increasing usage, growing Yahoo's international presence and reach out to a broader user demographic. However, she pointed that achieving the growth they aspire will take a few years. - Employee Initiatives: Yahoo has launched a significant number of employee initiatives in the past months including rigorous hiring protocols, quarterly performance reviews for employees, internal feedback tools for new products, new infrastructure including smartphones and higher-performance laptops, employee-driven systems and a weekly all-hands meeting to talk about important company issues transparently and efficiently. Yahoo is also now apparently seeing a significantly lower attrition rate globally and…

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