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Wednesday, October 09, 2002

Yahoo! Confounds Analysts by Turning a Profit

Yahoo? Profitable? Upping guidance for 2003? How is this possible?

Who cares, as long as it's possible.

Shareholders, at the very least, are happy they won't have to wallpaper their homes with Yahoo! shares.

$1 billion a year in revenue is a big number by any measure. It becomes a much more impressive number when it's accompanied by solid profitability.

Posted by Andrew Goodman
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