With a total of $1.698 billion, Yahoo announced that 2007 Second Quarter's earnings increased by 8% compared to last year's comparatively dismal show of $1.576 billion, reports Paid Content. Despite a slump in earnings – from last year's $164 million to 2007 Q2 $161 million, earnings per share for the No.2 Search Engine remained $0.11 for both years.

Yahoo's 2nd quarter 2007 results equalled:

• Revenues – $1,698 Million
• Operating Income – $185 Million
• Operating Income Before Depreciation, Amortization and Stock-Based
• Compensation Expense – $474 Million

Jerry Yang, Yahoo! Founder and CEO reported,

“I am focused on doing everything we need to do to strengthen our business, capture long-term growth opportunities and create increased value for our shareholders,” said Jerry Yang, co-founder and chief executive officer, Yahoo! Inc. “By sharpening our focus, speeding execution, building our technology and talent, and investing in key growth areas, we can put Yahoo! on a clear path to fulfill its potential as an Internet leader.”

Segment Financial Results

• United States segment revenues for the second quarter of 2007 were $1,119 million, a 5 percent increase compared to $1,070 million for the same period of 2006.
• International segment revenues for the second quarter of 2007 were $579 million, a 15 percent increase compared to $506 million for the same period of 2006.
• United States segment operating income before depreciation, amortization and stock-based compensation expense for the second quarter of 2007 was $362 million, a 6 percent increase compared to $341 million for the same period of 2006.
• International segment operating income before depreciation, amortization and stock-based compensation expense for the second quarter of 2007 was $111 million, a 4 percent decrease compared to $116 million for the same period of 2006.

Read for Yahoo! Reports Second Quarter 2007 Financial Results.

Click here to subscribe to our RSS feed to get a daily digest of news around search engine industry. PageTraffic SEO Blog is updated four times a day and is ranked as one of the best search engine resources blog by Pandia!