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Yahoo 4Q 2008 Earnings Presentation
Yahoo reported its Q4'08 financial results, with revenue of $1.806 billion, down 1% year-over-year. Operating cash flow was negative $60 million compared to $527 million in Q4'07, due to a $488 million goodwill impairment charge related to Yahoo's international segment. Free cash flow was not meaningful compared to $647 million in Q4'07. Non-GAAP net income per share was $0.09 compared to $0.13 in Q4'07, excluding various one-time charges and costs related to strategic initiatives and restructuring activities.
