earnings calls
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Yahoo’s Latest Earnings Report Basically Confirms That Tumblr Purchase Was A Waste Of Money
Yahoo released its latest earnings report today, and while there were some bright nuggets for the beleaguered company — its reported revenue for the second quarter of this year beat analyst estimates — there was one distinct black mark. Yahoo recorded a total goodwill impairment charge of $US482 million ($635.8 million) related to its purchase…