Wednesday, November 7, 2012

AOL Q3 2012: Revenue Flat At $531.7M, Traffic Up, Ad Revenue Up, Shares Pop 22%

aollogoAOL (owner of TechCrunch) reported earlier today its quarterly earnings for Q3 2012 ending September 30. The results beat expectations with a flat revenue of $531.7 million compared to Q3 2011. It's the first time in over seven years that revenue isn't declining. Net income was $20.8 million compared to a net loss of $2.6 million in the same quarter last year. Diluted earnings per share were $0.22.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/IC6w0I3jUlQ/

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