Mozilla reports $338M revenue spike from settlement over Yahoo contract

Mozilla’s revenue in 2019 shot up by almost 84% compared to the year before, but the bulk of that increase came from a one-time settlement the organization received from Yahoo and its successor, Verizon Media.

Without that financial shot in the arm, Mozilla’s 2019 financials looked much grimmer; for the second year running, Mozilla’s expenses outweighed revenue.

According to the 2019 financial statement released by the maker of the Firefox browser, Mozilla posted…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *