Dallas, Texas 08/29/2013 (Financialstrend) – It had recently been analyzed that the core business operations of Yahoo! Inc. (NASDAQ:YHOO) are still in trouble, though the company relies heavily on the stake in Alibaba and the performance of Yahoo! Japan to provide for its profitable financial performance results. While there had been increase in prices presented by this stock, such surge had been primarily attributed to the effective performance of the e-commerce giant of China, Alibaba. The company had presented revenues at $1.14 billion for the second quarter of fiscal year 2013, which was observed to be a decline of 7 percent over the previous year and had reported operating income at $137 million, which was just 12 percent of the revenues.
However, Yahoo! Inc. (NASDAQ:YHOO) had presented an increase in net income by $331 million to present an operating profit margin of 29% for the quarter. The earnings per share for the second quarter were reported to be at $0.30 per basic and diluted share of the company. It is worth noting that all such profits had primarily been attributed to the combined earnings presented by the Yahoo! Japan and Alibaba which was reported to be a total of $225 million.
Yahoo! Inc. (NASDAQ:YHOO) had closed on Wednesday at $27.11 per share and had thereby presented gain of 0.40% for the trading session. The stock intraday fluctuations are in the range of $26.83 to $27.24 per share, while it presently has its 52 week low at $14.59 and 52 week high at $29.83 per share. Further, the average trading volume is at 17.92 million shares per day. The share of the company has 1.02 billion which are currently trading in the market and the institutional owners hold 78%.