You're watching...
Think Equity Senior Internet Analyst Ron Josey on Yahoo’s second-quarter earnings results and outlook with its new CEO Marissa Mayer.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
So Yahoo! reported earnings just a minute ago the stock -- slightly higher after the report but.
There's a lot -- reaction than just the numbers we can get from rob -- think equity senior Internet analyst.
He had a second or two -- to look at the numbers I'm sure does any of this really matter now that they have a brand new person at the top -- parts six than five years.
Yeah -- that's a very good question and frankly I think it's nice to see some progress here.
Three Q guidance will be inching getting Olympics and presidential elections.
-- the the impact from advertising -- but in all honesty.
With the new CEO would likely back at square one waiting for a few more quarters to figure out what the strategy and so I would agree.
And with that in mind the room there was -- -- upset about this could surprise appointment may say that -- SO was my it was voted to basically make Yahoo! more relevant to today's.
Internet uses I mean is that a obviously a very told hospice is that what Yahoo!'s trying to do.
No doubt I mean the one thing Yahoo! does has -- -- and has had for some time is a number of users they they are able to generate on a monthly basis 700 million.
Per month globally and and that's.
They're scale is is unrivaled to a certain degree -- so.
-- background is technology is an -- engineering just computer science major and really has a good track record -- to bring through bring that over to Yahoo!.
Build products that can get people to come back to ya but she's never -- Company and its -- behemoth one that's basically have been struggling for some years now also how much is like an account against us.
Yeah well I mean that's certainly want to wait and see approach the original question of do the numbers really matter from frankly I think the numbers were little bit light.
And it's gonna be sort of treading water -- here and irons for a couple more quarters until -- can really turn your organization around.
Does anything about her appointment make you change your outlook on the stock or do you have to wait to see some real action this time -- -- -- -- Have been five times six times bitten many times shot -- to shore.
Yeah I know very good point I really do you think it's a latency I -- as I said every single quarter.
They come in its anemic growth it's in an industry that is growing quite a -- display advertising is growing.
Mid teens this year on our estimates -- so -- -- -- that we need to wait and see to see how works more likely that for us to change their ratings it would take.
Listen it's not that important but we're having an argument here fox business for the past couple of hours on air and off about whether she really should at least introduce herself on the conference call today.
This earnings call because.
Otherwise it looks to me and I think she should I think she should get -- their show some guts say you know what the board -- in charge -- -- -- -- is going to be the one that's it.
-- charge mean obviously you've got Daniel Loeb was the big.
Mouthpiece on the board -- -- she waited a lot of the changes and was apparently one of her big.
And cheerleaders on this and and it's a splashing in and dramatic move to put her in charge but for her not even be out there to introduce yourself seems a little odd to me what are you.
-- -- source that I I was surprised and I when I read that news and I thought she would be out there are at least saying hello I don't know much to say but looking -- to doing -- and this is why I made this decision.
I think that would go a long way in and teasing investors.
I'm but it is what it is and so Tim has done this before being on the call by himself back in the fall and in three -- so.
-- -- have our -- -- had to cut back it up.
-- Jose thank you so much for joining us appreciate it -- for Genentech.
