Yahoo Canceled Earnings Call

YahooYahoo released their earnings statement on Tuesday, but took the unusual step of skipping out on a conference call to discuss the earnings.

The way it usually works is that a company will release their earnings statement than get on a call with analysts, investors, reporters and various other interested parties for a Q&A session. ┬áMost people think Yahoo didn’t want to hold the call in order to escape embarrassing questions over news of hacks and providing a backdoor to the government, which will likely have an effect on their purchase by Verizon. ┬áThe official line is that they didn’t do the call “due to the impending┬átransaction with Verizon.”

Yahoo has already been losing money for years and many speculate that the recent news could negatively impact Verizon’s offer of a buyout.

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