Asia Pacific's contribution to Yahoo's total revenues continues to decline: The company reported Asia Pacific revenues (excluding traffic acquisition costs) of $171.6 million for the quarter ended March 31, 2014 (Q1 2014), a 7.9% decline from $186.3 million in the same quarter last year. The region contributed for 15.8% of Yahoo’s total revenues (ex-TAC) for the quarter which was at $1.09 million. In comparison, APAC region had contributed for 16.5% of the revenues in the same quarter last year and 18% of revenues in the previous quarter. Including the traffic acquisition costs, the total revenue for the region was at $174.2 million for the quarter, down from $203.3 million in the same quarter last year. Profits decline: Yahoo reported a overall profit of $312 million for the quarter, registering a 20% decline from $390 million in the same quarter last year. However note that this quarter includes net restructuring charges of $6 million while Q1 2013 includes restructuring reversals of $4 million. The revenue ex-TAC marginally increased by 1% to $1.09 million from $1.07 million in the same quarter last year while the total revenue declined by 1% to $1.13 million for the quarter from $1.14 million in Q1 2013. Highlights - Yahoo claims to now have 430 million monthly mobile users, up from 400 million in the previous quarter. - Yahoo launched two new media sites - Yahoo Food and Yahoo Tech which have been designed in a digital magazine format. - Launched a iOS app called Yahoo News Digest which provides a summary of all the important, need-to-know news to users twice…
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Yahoo claims 430M monthly mobile users; APAC revenues at $171.6M; Display grows after 7 quarters
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