Yahoo sees 47% revenue increase in first quarter

Yahoo reported profits of $46.7m (€43.3m) in Q1, up from a loss of $53.6m (€49.7m) in Q1, last year, and showed increased revenues from advertising and its other businesses.

Sales were up to $282.9m (€262.5m) from $192.6m (€178.7m) a year ago, better than expected by analysts.