Yahoo Revenue Growth Slows to a Crawl
I haven't looked at the numbers in detail yet (or listened to the conference call), but the big picture is clear:
Yahoo has a commanding global position in the fastest-growing media market in the world...and its top-line growth has decelerated to 15% year-over-year. More distressingly, U.S. growth slowed to 8%.
The Panama announcement arrived just in the nick of time.
And actually, if you take FX rates over the last year into account, it becomes ever more worrisome.
Posted by: C. Fischer | January 23, 2007 at 11:36 PM