Yahoo!'s 2007 First Quarter Results

Revenues were $1,672 million for the first quarter of 2007.

Free cash flow for the first quarter of 2007 was $369 million.

Cash, cash equivalents and investments in marketable debt securities were $3,128 million at 31 March 2007.

Net income for the first quarter of 2007 was $142 million or $0.10 per diluted share.

YHOO closed at $32.09 prior to the release of 2007 1st-quarter results. The next day, YHOO opened at $28.41 before closing at $28.31, down 11.78% for the day. Trading volume was 127.8 million shares versus a trailing three-month average of 21.5 million shares. YHOO had its bad day on the same day the DJIA closed above 12,800 for the first time ever.

  1. Yahoo!'s 2007 1st quarter revenues written in scientific notation were ________ x 10^____ USD.

  2. Yahoo!'s 2007 1st quarter earnings per share (EPS) was calculated using ______________________ YHOO shares.

  3. Using the answer from exercise #1, Yahoo!'s cash per share is approximately $_____________________.

Creator: Gerald D. Thurman []
Created: 17 April 2007

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