Yahoo shares increased by approximately 3 percent in after hours trading on Monday as the internet company revealed quarterly earnings which surpassed analysts expectations.
Net revenue for the company totalled in at $1.09bn, slightly ahead of the $1.07bn reported during the same period of last year.
Analysts still are eager to hear the revival plans that new CEO Marissa Mayer has in place in order to revive the struggling internet firm.
At the end of the quarter, the company’s headcount was reduced by 12 percent to 12,000 employees.
