Yahoo! Profit Rises, Tops Estimate - Quick Facts

(RTTNews) - Internet giant Yahoo! Inc. (YHOO) Tuesday reported second-quarter net profit of $331 million or $0.30 per share, up from $226.6 million or $0.18 per share last year.

Excluding items, adjusted earnings for the quarter were $386 million or $0.35 per share, compared with $362.6 million or $0.30 per share a year ago.

Analysts polled by Thomson Reuters estimated earnings of $0.30 per share for the quarter. Analysts' estimates typically exclude special items.

Excluding traffic acquisition costs, or ex-TAC, - the fees shared with partners -revenues for the quarter were $1.07 billion, slightly down from $1.08 billion in the prior year. Analysts polled by Thomson Reuters expected revenues of $1.08 billion.