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Yahoo APAC revenues down 8.3% YoY to $177.5M for Q2 2014

Yahoo has reported Asia Pacific revenues (excluding traffic acquisition costs) of $177.5 million for the quarter ended June 30, 2014, registering a 8.3% decline from $193.5 million in the same quarter last year. Including the traffic acquisition costs, the total revenue for the region was at $180.8 million for the quarter, down 13.6% from $209.3 million in the same quarter last year. The region accounted for 17.1% of Yahoo’s total revenues (ex-TAC) for the quarter which was at $1.04 billion. In comparison, APAC region had contributed for 18.1% of Yahoo's revenues in the same quarter last year and 15.8% of revenues in the previous quarter. Profit declines: Yahoo reported a overall profit of $270 million for the quarter, registering a 19% decline from $331 million in the same quarter last year. However, note that this quarter profit includes restructuring charges of $33 million and gains from patent sales of $43 million while Q2 2013 profit includes a restructuring charges of $2 million. The revenue ex-TAC marginally declined by 3% to $1.04 billion from $1.07 billion in the same quarter last year while the total revenue declined by 4% to $1.08 billion for the quarter from $1.14 billion in Q2 2013. Operational Highlights - Yahoo launched Yahoo Aviate homescreen after acquiring contextual Android home screen launcher Aviate in January this year. - It introduced international & Canadian editions for Yahoo News Digest and launched Yahoo News Digest for Android. It also introduced Yahoo Screen for Android. - It introduced a new version of Yahoo Mail for iPhone & Android, Flickr for iPhone, iPod Touch, and Android and debuted a new Flickr experience on Apple TV. - It launched three new Tumblr-based digital magazines: Yahoo…

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