Yahoo’s quarterly results exceed analyst estimates

• Published January 29, 2013 Modified January 28, 2013

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Yahoo’s fourth-quarter earnings topped analyst estimates as an upturn in its international investments helped end a three-year slump in revenue.

The results announced Monday covered Yahoo’s first full quarter under CEO Marissa Mayer.

Yahoo Inc. lured Mayer away from Google Inc. in mid-July.

Mayer has been focusing on building better mobile and social networking services so Yahoo can make more money from two of technology’s hottest trends.

The company’s fourth-quarter earnings dipped 8 percent from the previous year to $272 million, or 23 cents per share.

The earnings would have been higher than the previous year, if not for one-time accounting charges.

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