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Yahoo claimed its fourth quarter earnings to day, where as regular the economical metrics do not actually make any difference since the corporation is in the procedure of acquiring obtained by Verizon.

There is, nonetheless, a extremely fascinating footnote: the acquisition, expected to close in the very first quarter, is acquiring pushed back again to the next quarter this calendar year. The corporation available mainly no clarification for the delay other than it was operating on it. Here’s the whole statement:

Yahoo has continued to operate with Verizon on integration arranging for the sale of its main enterprise. In terms of timing, Yahoo had formerly said that it expected to close the transaction in Q1. Having said that, specified operate required to meet closing conditions, the transaction is now expected to close in Q2 of 2017. The corporation is operating expeditiously to close the transaction as quickly as practicable in Q2.

So, let’s study involving the strains below! The Yahoo acquisition was by now a rolling mess with it dealing with a pair of main hacks that it did not disclose following they took place. In December it claimed that a breach of a lot more than one billion accounts took place in August 2013, which was individual from a main hack that impacted a lot more than 500 million end users. That doesn’t glimpse all that terrific for Yahoo, which is in the procedure of getting obtained by Verizon for $4.8 billion. (Verizon owns Aol, which owns TechCrunch. Net eats self.)

Future up: the SEC is reportedly investigating why Yahoo took so lengthy to report the hacks. When Yahoo in a natural way did not comment in the press launch on its earnings (which, all over again, the financials are mainly moot), it all over again rings a few alarm bells that this report came out and the acquisition close day was pushed back again while they are operating on it and all that. Amid all of this, reports also came out that Verizon is on the lookout for a discounted on the offer.

So let’s just say the acquisition procedure has not absent extremely well at all and it appears to be like it could be a lot more of a mess than it even would seem from encounter worth. Granted, acquisition processes are lengthy, arduous and extremely difficult — and an acquisition at the scale of Yahoo, which is very an endeavor, could effortlessly be delayed for individual reasons. But the timing is very impeccable, and we’ll have to see if we get any a lot more data about it sometime quickly.

Regretably, its quarterly earnings this time would have been a very good time for Yahoo — it’s a single of the uncommon instances we in fact get to see what is going on in the guts of the corporation. But it appears to be like everything is going to continue being in the is effective driving the scenes.

Anyways, below are the economical pieces: inventory goes nowhere, conquer on earnings for each share (twenty five cents in comparison to an approximated 21 cents), conquer on income ($one.forty seven billion in comparison to an approximated $one.38 billion). For historic reference, here’s the inventory rate just as a reminder of what has took place to Yahoo in the previous several years:

Highlighted Graphic: Justin Sullivan/Getty Pictures

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