Yahoo earns 7 times less than Google

Yesterday, the Internet portal Yahoo published its financial results for the first quarter of this year. According to the report, the company's net profit for this period amounted to $ 142 million. The company's revenue (1.67 billion), compared with the same period last year, grew by 7%, but expenses also increased, and as a result the company's net profit fell by 11%.

This is much worse than the direct competitor of the company - Google. Its net profit for the last quarter of the last code was 1.03 billion dollars, which is more than 7 times higher than Yahoo. Google also feels much better in terms of growth rates - the company's profit grew by 276%, compared to a year ago.

Yahoo's shareholders did not seem to like this news, because after the opening of the trading session, the companies immediately fell by 11.5% .
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