ahoo on Monday reported better-than-expected earnings for the third quarter, sending its share price up by 3 percent in after-hours trading. Excluding its sale of Chinese internet giant Alibaba last month, which brought in a one-time quarterly gain of $2.8 billion, Yahoo posted $177 million in net income. It is the company's first quarterly report since hiring Marissa Mayer, a former Google executive, to helm the company. Despite the improved earnings, analysts say the gloomy outlook for Yahoo won't change until Mayer outlines her plan for turning the company around.
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