The article is aimed at analyzing Yahoo’s revenue and earnings with that of last year’s and admist the global recovery.

The global cues weighed on the market sentiment and has led a path of recovery in the U.S economy. In the wake of earnings season, Yahoo inc declared it’s profits on Tuesday in the third quarter. Yahoo profits have soared by laying off workers and weeding out unpopular internet services. The third chief executive of Yahoo since June2007, Carol Bartz is trying to figure out how to boost the company’s sagging internet sales in the wake of challenges still faced by the company and the recovery of the U.S economy from its worst ever recession in last 70 years. While the earnings for the July – September period more than tripled from the previous year, revenues slipped by at least 12% for the third consecutive quarter.

The revenue rut means Yahoo still has a long way to go on its comeback trail. It earned $186 million or 13 cents as earnings per share as compared to $54 million or 4 cents as earnings per share at the same time last year.

Given to the recovery of world economies, the market is waiting to witness if Yahoo inc will be able to sustain the challenges and emerge as a market leader in the Internet business in the coming years in terms of both earnings and revenue.