Yahoo has reported the company’s third 2011 results that ended on September 30, 2011. Yahoo reported GAAP revenue of $1.217 billion dollars for the third quarter. A 24% decrease when compared to the third quarter of 2010. Yahoo cites the decline due to the Search Agreement and revenue share the company has with Microsoft. Income from operations was $177 million dollars a decrease of 6% compared to $189 million dollars from the third quarter of 2010. Net earnings was $293 million dollars a decrease of 26% compared to $396 million dollars from the third quarter of 2010.

Below is a snapshot of Yahoo’s financial results:

 [via Yahoo!]