SAN FRANCISCO: Yahoo Inc.'s turnaround effort wavered in the second quarter as the Internet company's paltry revenue growth overshadowed a surge in net income.
The results released Tuesday could cause some investors to doubt the strategy of Yahoo's no-nonsense CEO, Carol Bartz, who was hired 18 months ago to lead the company out of a prolonged financial funk that has depressed its stock. Yahoo shares dropped more than 6 percent in response to the latest signs of lethargy.
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