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Yahoo Inc. shares fell Tuesday evening after the Internet search company’s quarterly revenue came in slightly below expectations,
u r right, so disappointing!

Yahoo shares -1.85% fell 1.6% to $14.36, but were off lows that had put their loss at more than 4%.

Yahoo said second-quarter revenue excluding traffic acquisition costs was $1.08 billion. Analysts polled by FactSet Research had expected, on average, the figure to come in at $1.1 billion. Yahoo said the 5% decline from the year-ago period primarily stemmed from revenue share related to a search agreement with Microsoft Corp. /quotes/zigman/20493/quotes/nls/msft MSFT -0.29%

Adjusted earnings for the second quarter of 19 cents a share was ahead of the 18 cents a share estimated by analysts. Net income rose to $237 million, or 18 cents a share, from $213 million, or 15 cents a share, in the same period last year. Net revenue fell to $1.23 billion.

Yahoo also forecast third-quarter revenue excluding traffic acquisition costs of $1.05 billion to $1.1 billion, and Wall Street currently expects $1.12 billion.

http://www.marketwatch.com/story/apple-yahoo-results-set-for-after-hours-release-2011-07-19?link=MW_latest_news