In a perfect world, Yahoo investors would have all the answers following the Web giant's first-quarter earnings report. Shareholders would have clarity, renewed enthusiasm and even a little visibility, that all-important Wall Street cliché that's so abused. Oh well.
Yahoo (yhoo) did what it could, but its earnings conference call was like a cheap beer--watered down with a bad aftertaste. First, let's get the good stuff out of the way. Yahoo reported a profit of a penny a share on sales of $230.8 million, slightly above estimates. Full story. --Larry Dignan, ZDII