24-01-2017 17:02 via feedproxy.google.com

Yahoo jumps after earnings beat (YHOO)

Yahoo is up 3.54% at $43.90 a share, and trading at its best level since September, after the company reported Q4 results following Monday's closing bell.
Here are the key numbers:
Q4 Revenue (ex TAC): $960.1 million, down roughly 4% year-on-year, but above Wall Street's $908 million target.
EPS (adjusted): $0.25, above the $0.21 expected by Wall Street.
The company also announced that it has delayed the timeframe for closing its $4.8 billion acquisition by Verizon, as it grapples with
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