Incoming Yahoo chief executive Marissa Mayer did not make her-eagerly anticipated debut as the company posted relatively solid financial numbers.
The company's revenue for the quarter ending 30 June came in at $1.22 billion, down slightly on the year-ago quarter. While hardly stellar, many market watchers feared far worse results.
Even so, many investors were eager to learn when they would have an opportunity to speak to the company's newly unveiled chief executive Marissa Mayer.
"I honestly just don't know. She and I haven't talked about that yet, but she's very mindful that this is an important part of what we do," said Yahoo chief financial officer Tim Morse when asked when Mayer would be addressing investors.
The lack of Mayer was evident through out the call as investor questions about the company's future went unanswered. Third quarter projections went unspoken as chief financial officer Morse opted to give a general assessment of the company's second quarter instead.
When pushed for comment on Mayer's plans as Yahoo's new chief executive Morse commented on her tech background while cementing the company's media prowess.
"Her resume speaks for itself. We're excited to have such a top notch CEO in place. We need to be good at certain technologies and we need to be great at content," said Morse.
"Marissa brings a strong tech background, but we have a deepening media expertise here as well."
Analysts such as Enderle Group's Rob Enderle hailed the earnings report and the new hire as positive signs for Yahoo. Enderle believes that Mayer's first task at hand will be to change the perception of Yahoo.
"Yahoo is actually in much better shape than folks give it credit for and this gives Mayer a nice early task, one that is relatively easy, get people to see Yahoo for its successes not for its failures," Enderle told V3.
"Her initial issues are largely perception and if she can fix the perception, much of the rest will likely follow."
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