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Yahoo APAC Revenues At $194.5M For Q4-2013; Search Revenues Up, Display Down

Yahoo reported profits of $348 million for the quarter ended December 31, 2013, registering a 28% growth from $272 million profit in the same quarter last year and up from $297 million profit in the previous quarter. However, do note that this profit includes a $49 million net gain from the sale of patents. For the full year ended December 31, 2013, Yahoo reported profits of $1.37 million, down 65% from $3.95 million profit in FY-2013, although note that FY-2013 profit includes a $2.76 billion gain from the sale of Alibaba group shares. The revenue excluding traffic acquisition costs (revenue ex-TAC) marginally declined to $1.2 billion for the quarter, down 2% from $1.22 billion revenues in the same quarter last year. The total revenue declined by 6% year-on-year (YoY) to $1.27 billion for the quarter, down from $1.35 billion in the…

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