Pressmeddelanden från Yahoo! Sverige

Yahoo! Reports Third Quarter 2001 Financial Results

FOR IMMEDIATE RELEASE

Company Posts $166.1 Million in Revenue and $8.4 Million in Pro Forma Net Income

SUNNYVALE, Calif. - Oct. 10, 2001 - Yahoo! Inc. (Nasdaq: YHOO) today reported net revenues totaling $166.1 million for the third quarter ended September 30, 2001, compared to net revenues of $295.5 million for the third quarter ended September 30, 2000. Pro forma net income for the quarter ended September 30, 2001 was $8.4 million or $0.01 per share diluted (1). This compares to pro forma net income of $81.1 million or $0.13 per share diluted for the comparable period in the previous year (1). The actual net loss for the third quarter ended September 30, 2001, which includes net investment losses of $17.9 million, was $24.1 million or $0.04 per share diluted, compared to actual net income of $47.7 million or $0.08 per share diluted reported in the comparable period of the previous year.

During the quarter, Yahoo!'s strong consumer metrics underscored the company's leadership position among online consumers. Yahoo!'s global network continues to be No. 1 worldwide in terms of unique users, reach, and time spent (Nielsen//NetRatings, August 2001). Yahoo!'s global audience grew to 210 million unique users, compared to 166 million in September 2000. In addition, a record 80 million active registered members logged onto Yahoo!Ž during September 2001. The company's traffic increased to a record 1.25 billion page views per day on average during September 2001.

"In the five months since I joined Yahoo!, we have been building upon Yahoo!'s already solid foundation and we are continuing on our path of evolutionary change. We remain focused on opportunities that will strengthen our leadership position, provide essential services to our users and partners, and drive profitable growth," said Terry Semel, Yahoo!'s chairman and CEO. "While we find ourselves in an unprecedented environment of economic uncertainty, the recent tragic events in the United States have proven that the Internet is a highly valuable global communications and information delivery medium. Although there is limited visibility into the future, Yahoo! intends to manage through this period and emerge from it an even stronger leader."

"Yahoo!'s global audience of active, loyal consumers continues to grow, strengthening our position as the leading Internet destination and the partner of choice for marketers and businesses," said Jeff Mallett, Yahoo!'s president and chief operating officer. "We will continue to leverage Yahoo!'s powerful global franchise to maximize the growth opportunities in our key businesses of marketing services, business and enterprise services and consumer services."

Management Update

As part of Yahoo!'s commitment to attract and retain experienced industry leaders, the company recently announced three key new additions to the senior management team. Yahoo! appointed Wenda Harris Millard as chief advertising sales officer, responsible for driving the North American sales of the company's advertising and marketing services initiatives and leading the North American sales organization. James A. Fanella was named senior vice president of business and enterprise services, and is leading the development and business strategies for Yahoo!'s services that target enterprise customers, including Corporate Yahoo! and Yahoo! Broadcast Services. Additionally, Yahoo! named Elizabeth Sartain as senior vice president of human resources, overseeing the company's global human resources efforts.

(1) Pro forma net income and net income per share calculations for all 2001 and 2000 periods exclude acquisition-related and restructuring charges, amortization of intangibles and stock compensation, employer payroll taxes on gains realized by employees from non-qualified stock option exercises, investment gains and losses, and income related to a contract termination fee.