By Noel Young

Could things be looking up for Yahoo CEO Marissa Mayer? The company yesterday reported sales up $1.09 billion in the third quarter, 1.5 percent more than a year earlier.

That figure topped analysts’ average estimate of $1.05 billion, according to data compiled by Bloomberg.

For the third quarter, profit was 52 cents a share. Analysts had projected 30 cents a share. Net income attributable to Yahoo was $6.77 billion, up from $296.7 million a year earlier.

Yahoo’s stake in Alibaba has been buoying the stock – but Mayer has been investing in new content, mobile Read full story ›

Source: The Drum