By Ronan Shields

Yahoo reported revenues of $1.33bn for the Q1 of 2017, representing a jump of 22.1%, with the company reporting its anticipated planned sale to Verizon Wireless would close by the end of the second quarter this year.

Revenues beat earlier analyst expectations, with revenues from both its Mavens operations ($529m) and non-Mavens operations ($742m) both up significantly compared to the year-ago period (see chart below) although the total cost of revenue ($494m) also up significantly compared to 12 months earlier when that number came in at $228m.

Revenue from mobile devices was also Read full story ›

Source: The Drum