SAN FRANCISCO -- Yahoo just gave investors a little something to yodel about.
Third-quarter revenue and profit both topped analysts’ expectations, boosting shares in after-hours trading.
Yahoo is up 48 cents, or 3%, to $16.25.
The Sunnyvale, Calif., company posted third-quarter earnings of 35 cents per share, up from 23 cents a share in the same period last year. Revenue rose 2% to $1.09 billion, up from $1.07 billion a year earlier. Analysts had expected the company to report earnings of 26 cents a share on $1.08 billion in revenue.