via readwrite.com
Yesterday In its fourth quarter earnings call, Yahoo reported its first revenue growth spurt in four years. The company saw 2% year-over-year growth for the first time since 2008, with a net income of $272.3 million in the fourth quarter. The numbers beat out Wall Street estimates by 30%, with shares opening at $20.87 - the highest point Yahoo's stock had seen since its 2008 era highs.
All eyes are on CEO Marissa Mayer, former Google engineer and executive, who is widely credited with jump-starting Yahoo's stock into late 2012. Confidence in Mayer has inspired a much-needed morale boost for the company, which is still struggling to find its footing among massive, savvier competitors like Google and Facebook.
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