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yahoo 08EarningsPresentationFINAL
- Yahoo reported financial results for Q1 2008 with total revenue of $1.8 billion, down 1% from Q4 2007. Revenue excluding traffic acquisition costs (Revenue ex-TAC) was $1.35 billion, down 4% quarter-over-quarter. - Operating cash flow for Q1 2008 was $433 million, down 18% from Q4 2007 due to workforce realignment costs and legal fees related to Microsoft's acquisition offer. - Free cash flow was $647 million for Q1 2008, benefiting from a one-time $350 million payment from AT&T, up from $527 million in the previous quarter.
