January 27th, 2009
Yahoo!: Cash Flow Not King, At End of Year
Yahoo’s earnings are out — and its cash flow took a big hit in the fourth quarter.
According to the company:
- Cash flow from operating activities for the fourth quarter of 2008 was $321 million, a 48 percent decrease compared to $622 million for the same period of 2007.
- Free cash flow for the fourth quarter of 2008 was $219 million, a 34 percent decrease compared to $330 million for the same period of 2007.
Which meant that cash flow for the entire year ultimately fell.
- Cash flow from operating activities for 2008 was $1,880 million, a 2 percent decrease compared to $1,919 million for 2007.
- Free cash flow for 2008 was $1,312 million, a 2 percent decrease compared to $1,337 million for 2007.
Tom Steinert-Threlkeld is editor-in-chief of Securities Industry News, as well as a long-time media, technology and business journalist. See his full profile and disclosure of his industry affiliations.
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