Yahoo reported its fourth quarter earnings to date, where as usual the financial metrics don’t really matter because the company is in the process of getting acquired by Verizon.
There is, however, a very interesting footnote: the acquisition, expected to close in the first quarter, is getting pushed back to the second quarter this year. The company offered basically no explanation for the delay other than it was working on it. Here’s the full statement:
Next up: the SEC is reportedly investigating why Yahoo took so long to report the hacks. While Yahoo naturally didn’t comment in the press release on its earnings (which, again, the financials are largely moot), it again rings a couple alarm bells that this report came out and the acquisition close date was pushed back while they are working on it and all that.
