Yahoo has no answer yet to the big question: Who, if anyone, prevailed at the company’s auction — where final bids were due today? In a company report disclosing Q2 earnings, CEO Marissa Mayer simply said that the board “has made great progress on strategic alternatives.”

Telcos Verizon and AT&T, groups led by private-equity firms including one with TPG Capital, and a consortium pairing Quicken Loans’ Dan Gilbert and investor Warren Buffett are believed to have stayed in the running to buy Yahoo’s core media assets.

“Yahoo is over in our eyes,” BGC Partners’ Colin Gillis said on Friday. He expects the core properties to sell for about $6 billion.

With so much focus on a sale, investors seemed indifferent to the Q2 results, which beat expectations. Shares were virtually unchanged in postmarket trading.

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The announcement included a $482 million write-off tied to Tumblr. That followed a $230 million write-down in February. Yahoo paid $1.1 billion for the social media service in 2013.

With the charges, Yahoo ended up with a $439.9 million net loss in Q2, down from a $21.6 million loss in the period last year, on revenues of $1.31 billion, up 5.2%. The top line beat the $1.08 billion that analysts expected. Without the extraordinary charges, the company generated earnings of 9 cents a share, ahead of the consensus forecast for 2 cents.

“With the lowest cost structure and headcount in a decade, we continue to make solid progress against our 2016 plan,” Mayer says. “Through disciplined expense management and focused execution, we delivered Q2 results that met guidance across the board and in some areas exceeded it.”