SeoPapers - article Yahoo! to Host Financial Webcast

Sunnyvale, California - (Website Hosting Directory) - October 14, 2008 - Yahoo! will host an earnings conference call to discuss the Company's financial results for the September 30, 2008 third quarter.

Scheduled to take place on Tuesday, October 21, 2008 at 2:00 PM PT / 5:00 PM ET, the live Webcast can be accessed at http://yhoo.client.shareholder.com/results.cfm. The Webcast will be archived within 24 hours of the end of the call and will be available through the same link.

Last year, the company filed an investor presentation detailing the Company's three-year financial plan and strategic initiatives which are expected to roughly double operating cash flow over the next three years. The plan revealed that operating cash flow is expected to go from $1.9 billion to $3.7 billion and generate $8.8 billion in revenue excluding traffic acquisition costs (revenue ex-TAC) in 2010. Yahoo!'s management also reaffirmed its outlook for the first quarter 2008 and full year 2008, as previously provided on January 29, 2008.

The financial plan was first presented to Yahoo!'s board of directors in December 2007, before the Company received the unsolicited acquisition proposal by Microsoft Corporation. The presentation supported the unanimous determination by the Company's board of directors that Microsoft's January 31, 2008 unsolicited acquisition proposal substantially undervalues Yahoo!. The board cited Yahoo!'s global brand, large worldwide audience, significant recent investments in advertising platforms and future growth prospects, free cash flow and earnings potential, as well as its substantial unconsolidated investments, as factors in its decision. Yahoo!'s board of directors is continuing to evaluate all of its strategic alternatives to maximize value for Yahoo! stockholders.

Key sources of projected growth in revenue and operating cash flow cited in the presentation include $1.9 billion in added revenue ex-TAC over the next three years from display/video advertising, as Yahoo! expects its growth to outpace the currently anticipated market rate of growth in online display/video advertising. The Company also expects $1.4 billion in added search revenue, implying growth essentially in line with the anticipated market rate of growth in search advertising.

The Yahoo! investor presentation also reiterated its principal strategies, which were to enhance an already strong position as a leading starting point for users of the Internet and to be a 'must buy' proposition for the most online advertisers.

The presentation noted that, in addition to Yahoo!'s strong projected operating results over the next three years, the Company's strategic assets in Asia, including its stakes in Yahoo! Japan, Alibaba Group and Gmarket, its strong cash position, and its early leadership positions in mobile Internet and emerging markets, combine to create significant equity value.

Yahoo! Inc. is a leading global Internet brand and one of the most trafficked Internet destinations worldwide. Yahoo! is focused on powering its communities of users, advertisers, publishers, and developers by creating indispensable experiences built on trust. Yahoo! is headquartered in Sunnyvale, California.

To learn more, please visit: www.yahoo.com.

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