Yahoo Inc. reported a $303 million, or 22 cent per-share fourth quarter loss Tuesday, compared to net income of $206 million, or 15 cents a share in the same period last year.

The Sunnyvale-based company (NASDAQ:YHOO) had $1.8 billion in revenue, down slightly from the year-ago quarter’s $1.83 billion.

Excluding items, the company’s income would have been $238 million, or 17 cents a share, compared to non-GAAP net income of $184 million, or 13 cents a share last year.

Analysts expected, on average, earnings of 13 cents a share on $1.37 billion in revenue.

The quarter was former CEO and co-founder Jerry Yang’s last full reporting period. Carol Bartz, the former CEO of San Rafael-based Autodesk Inc., was named CEO earlier this month.