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Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Senate group offers $3.75 trillion deficit cuts 2:11pm EDT Israeli navy seizes Gaza-bound yacht 1:26pm EDT Murdoch attacked as defends self to UK parliament | 3:44pm EDT Highlights: Brooks apologizes to UK parliament over hacking | 3:23pm EDT Universal pulls plug on Stephen King's "The Dark Tower" 18 Jul 2011 Discussed 102 Obama asks lawmakers to gauge support for debt deal 62 Senate group offers $3.75 trillion deficit cuts 60 Fallback plan gains momentum in debt talks Watched Murdoch attacked in Parliamentary hearing 5:16pm EDT Pakistan Taliban releases video of mass execution Mon, Jul 18 2011 Flying sphere goes where man fears to tread Thu, Jul 14 2011 Yahoo revenue dips in Q2 Tweet Share this Email Print Related News BofA reports worst ever loss, margins shrink 2:31pm EDT TD Ameritrade clients sidelined by uncertainty 2:30pm EDT UPDATE 4-UnitedHealth raises forecast as profit tops views 11:34am EDT Gannett ad revenue slumps, shares drop Mon, Jul 18 2011 UPDATE 2-Schwab net rises, boosted by fees, interest rev Mon, Jul 18 2011 Analysis & Opinion Paying taxes your employer keeps Panic at the White House? Gloomy Goldman Sachs sees high unemployment, possible recession Related Topics Technology » The headquarters of Yahoo Inc. is shown in Sunnyvale, California May 5, 2008. Credit: Reuters/Robert Galbraith SAN FRANCISCO | Tue Jul 19, 2011 4:27pm EDT SAN FRANCISCO (Reuters) - Yahoo Inc's net revenue declined slightly in the second quarter on weakness in its display advertising business, and shares of the Internet search company dropped roughly 2 percent in after-hours trading. Yahoo reported net income of $237 million, or 18 cents a share, compared with $213 million, or 15 cents a share, in the year-earlier quarter. The company forecast third-quarter net revenue, which excludes the fees that Yahoo pays to partner websites, of between $1.05 billion and $1.1 billion. Yahoo is one of the most popular destinations on the Internet and a leading provider of online display ads in the United States, but the company is facing increasing competition from social networking service Facebook and continuing pressure from search leader Google. Yahoo said net revenue in the second quarter was roughly $1.1 billion, compared with $1.13 billion in the year-earlier period (Reporting by Alexei Oreskovic; Editing by Steve Orlofsky) Technology Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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