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Home » Yahoo!’s (YHOO) CEO Marissa Mayer on Q2 2014 Results – Earnings Call Transcript

Yahoo!’s (YHOO) CEO Marissa Mayer on Q2 2014 Results – Earnings Call Transcript

Source: Seeking Alpha


Yahoo! Inc. (NASDAQ:YHOO)

Q2 2014 Earnings Conference Call

July 15, 2014 17:00 ET


Mike Santoli – Business Reporter, Yahoo! Finance

Marissa Mayer – Chief Executive Officer

Ken Goldman – Chief Financial Officer


Eric Sheridan – UBS

Sachin Khattar – Jefferies

Carlos Kirjner – Sanford Bernstein

Ron Josey – JMP Securities

Justin Post – Merrill Lynch

Peter Stabler – Wells Fargo Securities

Youssef Squali – Cantor Fitzgerald


Good afternoon and welcome to Yahoo!’s Second Quarter 2014 Earnings Video Webcast. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. As a reminder, this conference call is being recorded. The webcast today will be moderated by our business reporter from Yahoo! Finance, Mike Santoli.

Before getting started, I’d like to remind you that today’s presentation will contain forward-looking statements about our expected financial and operational performance including business and financial strategies, revenue growth, products and ad sales. Actual results might differ materially from our projections. Potential risks factors that could cause these differences are described in our Form 10-Q filed with the SEC on May 8, 2014. All information in this video is as of today, July 15, 2014 and we undertake no duty to update it for subsequent events.

Today’s discussion will include non-GAAP financial measures. Reconciliations of our non-GAAP results to the GAAP results we consider most comparable can be found in our earnings slides, which also contain full versions of the financial charts and graphs you will see in today’s video. We encourage you to review the complete earnings slides in our Investor Relations website at under the Earnings tab.

And with that, let me turn the program over to Mike.

Mike Santoli – Business Reporter, Yahoo! Finance

Welcome to Yahoo!’s second quarter 2014 earnings video webcast. I am Mike Santoli and I will be moderating today’s earnings event. Here with me are Marissa Mayer, Yahoo!’s Chief Executive Officer; and Ken Goldman, Yahoo!’s Chief Financial Officer.

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