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Marissa Mayer 'not satisfied' with Yahoo's poor second-quarter results
Marissa Mayer 'not satisfied' with Yahoo's poor second-quarter results

Yahoo Chief Executive Marissa Mayer didn't mince words when it came to the company's second-quarter earnings. "Our top priority is revenue growth and by that measure, we are not satisfied with our Q2 results. While several areas showed strength, their growth was offset by declines," Mayer said in a statement. "I believe we can and will do better moving forward." The online search giant released its earnings after stock markets closed Tuesday. For the three months ended June 30, it reported revenue of $1.08 billion, down 4% compared with a year earlier. Revenue excluding traffic acquisition costs was $1.04 billion, down 3%. Profit, meanwhile, totaled $270...

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