Yahoo has exceeded expectations with its quarter one (Q1) earnings, showing a nine per cent increase on last year's.
The company showed total revenue of $1.8 billion (£906 million), which then showed net revenue of $1.35 billion a 14 per cent increase on 2007.
It exceeded analysts' expectations, having predicted a result of $1.324 billion.
Jerry Yang, the chief executive officer of Yahoo, said he was very proud of the results and described the previous quarter as one of the "most exciting" for Yahoo.
"[The results] are all the more remarkable when you take into account the recent economic environment and the uncertainty stemming from Microsoft's unsolicited proposal," he added.
Yahoo is currently in buyout talks with Microsoft, with the latter offering $4.6 billion to acquire the company.
Chied executive officer, Steve Ballmer, said he does not plan to raise this figure, which Yahoo describes as undervaluing the company and not being in investors' best interests.
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