Yahoo has a disappointing Q4 and 2009

Yahoo, the number two company in search, announced its less-than-impressive Q4 earnings a few days ago. Their revenue was down 4% from Q4 of 2008 and totaled $1.73 billion; year-over-year revenue also dropped 10% to $6.46 billion in 2009. Yahoo’s freshman CEO Carol Bartz had this to say about the companies Q4: “The fourth quarter marked a strong finish to 2009, which was a transformative year for Yahoo… Our business has positive momentum and we feel good as we head into 2010.” Yahoo, like Google, generates most of its cash from online advertising; analysts will be looking for revenues between $1.575 billion and $1.675 billion in Q1 of 2010.

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Tags: Earnings, Q4 2009, Yahoo