Bangalore: Yahoo’s CEO, Marissa Mayer has finally put an end to the prolonged sinking of the company’s revenue. Yahoo’s first full year increase in three years was seen in the fourth – quarter revenues, with a rise of 2 percent to $1.35 billion.

This was the first full year increase under the new CEO, who was previously with Google and joined the tech giant in mid-July last year.

Mayer hopefully looks forward to turn the beleaguered company, bringing it under stable conditions very soon.

The company saw an 8 percent decline in income to $272 million in its fourth quarter or 23 cents a share. The earnings would have been higher if not for one-time accounting charges.

However, Mayer was pleased to see the progressing results. She also said that the company is on growth and profitability in a conference call for analysts. The fourth quarter results topped Wall Street expectations, showing 2 percent rise in shares to $20.75 in afterhours trading.

According to analyst Youseff Squali the results seemed to be generally in line with muted expectations.

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