Yahoo! stock rises on revenue report

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Yahoo! reported revenue of $5,515,000 for the third quarter ended Sept. 30, up 68% from the previous quarter. The company recorded a net loss of $1,145,000, down slightly from $1,366,000 in the second quarter.

Yahoo! said its advertiser base increased to 340 in the third quarter, up from 230 in the second quarter. Yahoo!'s stock rose 1 5/8 points to close at $22.50 on the news.

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