Yahoo Inc managed to meet all its quarterly earnings targets in the third quarter, even as it fielded offers from potential buyers and searched for a new chief executive. Yahoo, which fired former CEO Carol Bartz in early September before the end of the third quarter, posted slight decreases in net revenue and profit, but those declines were not unexpected. Yahoo shares gained roughly 3 percent to $15.98 in after hours trading on Tuesday. Profit in the third-quarter totaled $293 million, or 23 cents per share, compared with net income of $396 million, or $29 per share, in the year-ago period. It was not immediately clear whether Yahoo's third-quarter EPS was comparable with the 17 cents a share expected by analysts polled by Thomson Reuters I/B/E/S. Yahoo's net revenue -- which excludes fees paid to partner websites -- was $1.07 billion, compared with $1.12 billion at this time last year, and in line with Wall Street expectations.
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