Yahoo Expects To Double Cash Flow In Three Years & Reaffirms 2008 Outlook

Yahoo announced at an investor presentation that they expect to double their operating cash flow in three years from $1.9 billion to $3.7 billion. Yahoo also took the opportunity to reaffirm their 2008 financial outlook. Yahoo said by 2010, they expect to earn $8.8 billion in revenue (excluding traffic acquisition costs). This presentation is to bolster Yahoo’s claim that Microsoft’s $45 billion bid for Yahoo is undervalued.

Yahoo’s Jerry Yang said:

Yahoo! is positioned for accelerated financial growth – we have a powerful consumer brand, a huge global audience and a highly profitable operating model. With industry-leading tools, technology, people and platforms, Yahoo! is poised to capture growth in display advertising where we believe growth will be greatest. Combined with our recent progress in search monetization, Yahoo! is well positioned to provide the broadest range of products to our advertisers while delivering the most compelling experiences to users.

Bloomberg is also updating us on latest analyst news on the Yahoo announcement. For other coverage, see Techmeme.

For past coverage, see our Microsoft & Yahoo Merger category.

Related Topics: Channel: Industry | Microsoft & Yahoo Search Deal | Yahoo: Business Issues

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About The Author: is Search Engine Land's News Editor and owns RustyBrick, a NY based web consulting firm. He also runs Search Engine Roundtable, a popular search blog on very advanced SEM topics. Barry's personal blog is named Cartoon Barry and he can be followed on Twitter here. For more background information on Barry, see his full bio over here.

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