Sales from search ads alone climbed 11% globally to $436 million, as users submitted more queries. Sales of display advertising, in which Yahoo is the industry leader, declined 2%.
The search engine and online publishing company reported a fourth-quarter net loss of $303 million, including a $600 million one-time charge, compared with a profit of $206 million in the fourth quarter of 2007. The most recent quarter included costs associated with 1,500 staff cuts.
For the year, global revenue climbed 3% to $7.20 billion, with net income dropping 36% to $424 million.