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Telecomunicaciones y tecnología

Yahoo reports modest revenue growth in first quarter


    SAN FRANCISCO (Reuters) - Yahoo Inc reported modest revenue growth in the first three months of the year, as the Internet company stemmed a long-running decline in its display ad business.

    Revenue, excluding fees paid to partner websites, was $1.087 billion in the first quarter compared to $1.074 billion in the year ago period. The company said it earned $311.6 million in first quarter net income, or 29 cents a share.

    (Reporting by Alexei Oreskovic; Editing by Alden Bentley)