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Yahoo revenue jumps 22% ahead of Verizon deal closing

Yahoo revenue jumps 22% ahead of Verizon deal closing

Wednesday, April 19, 2017, 1:06 PM

Ahead of the sale of its core internet business to US-wireless communications service-provider Verizon, Yahoo on Tuesday reported 22.1% increase in revenue for the 2017 first quarter ending March. It was higher than the $1.23 billion analysts had predicted. These results are the product of our teams' tremendous focus and dedication to our users and advertisers," Marissa Mayer, CEO of Yahoo, said in a statement.
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