Yahoo Q1 2014 revenue dips 1%, income drops 84%

Yahoo posted 1 percent drop in Q1 2014 revenue to $1,133 million, while its income decreased 84 percent to $30 million.

Yahoo CEO Marissa Mayer said the company has seen more than 430 million monthly mobile users accessing Yahoo’s new products.

Display revenue was $453 million for the first quarter of 2014, flat compared to the first quarter of 2013.

The number of Ads Sold increased approximately 7 percent compared to the first quarter of 2013, said Yahoo.

Price-per-Ad decreased approximately 5 percent compared to the first quarter of 2013.

Search revenue increased 5 percent to $445 million for the first quarter of 2014.

Paid Clicks increased approximately 6 percent compared to the first quarter of 2013.

Price-per-Click increased approximately 8 percent compared to the first quarter of 2013, Yahoo said on Tuesday.

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