LIVE: Yahoo's Q4 Earnings

We're waiting for Yahoo to deliver its Q4 2013 earnings immediately after the markets close at 4 p.m.

Click here or refresh this post for updates.

Here's what analysts were predicting prior to the release:

• Revenues: $1.2 billion.
• Earnings per share: 38 cents.

The call comes after these recent events at the company:

COO Henrique De Castro left after little more than a year on the job, and exited with a $109 million pay package. He was CEO Marissa Mayer's first major hire, and first major error in judgment. Yahoo currently does not have a chief revenue officer, as a result.

Mayer has been diligently acquiring and launching a suite of new apps to transform Yahoo into a mobile media company. David Pogue now runs Yahoo Tech, Nick D'Aloisio runs the Yahoo News Digest app, and the company acquired Aviate, a mobile app search and organization division.

But analysts are focused on two things: Any signs of growth in the online advertising business, and the state of Yahoo's investment stakes in the Chinese trading site Alibaba and Yahoo Japan. Those holdings are mostly responsible for the recent increase in Yahoo's stock.

It would also be nice to see some revenue attached to Tumblr, its most spectacular acquisition of the past couple of years.