The CEO of Yahoo has admitted that she’s unimpressed with the company’s recent performance, though insists the ongoing outlook is still extremely promising.
Yahoo CEO Marissa Mayer has insisted that despite quarterly performance that didn’t live up to anyone’s expectation, the future will be much brighter.
She admitted that she and the rest of the board were “not satisfied with our results this quarter” though reassured investors that it amounted to no more than a “short-term setback in our pursuit of growth.” Suggesting that it may take some time for ongoing efforts to pay off, the CEO also stated that a “transformation of this size and scale will take multiple years.”
The Marissa Mayer era of Yahoo is one wherein performance may not be yet hitting its targets, but there is at least a “clear vision for the future” as she put it. She showed a number of examples of how things have evolved and improved over the past two years, while at the same time reaffirming her commitment to “products that are fundamental to our vision for growth.”
“Speed as a strategy has worked for us,” said Mayer.
“We are the one place where you can buy search, display, native, mobile, video, all in one place — audiences, also.”