Yahoo bested Wall Street expectations today, announcing stronger net income for its third quarter.

Yahoo reported net income of 13 cents a share, or $187 million, on revenue of $1.13 billion for the quarter ended Sept. 30, 2009, which was a decline from $1.33 billion the same period a year ago. But Wall Street estimated that Yahoo would earn just under seven cents a share on revenue of $1.12 billion.

The improvement includes a gain on a sale of the company’s stake in Alibaba in China, which is nonrecurring. （减持阿里巴巴股份，这是一次性受益）

But there was something to worry about: 雅虎搜索广告的收入下跌19%，显示广告收入下跌8%，

这里是雅虎首席财务官Tim Morse的话:

“In the third quarter we saw strength in key areas of our business. Our efforts to reposition Yahoo! are still in the early stages, but we’re confident that our investments in the business will enable us to capitalize on growth opportunities as the economy recovers.”

PS:

More details you can check the Yahoo's press release