The stock is up pre-market as investors relish the encouraging news about AOL’s improving ad sales, and discount the earnings disappointment due to known factors. The company reported Q4 net income of $35.5M, basically flat with the previous year, … Read More »
Optimists and pessimists will find evidence to justify their views of AOL in this morning’s earnings release. Net income attributable to AOL at $2.0M, is down 90.4% vs the period last year as the company took a … Read More »
The revenue growth is modest, but it’s the second time in eight years that AOL has been able to boast that the gains from ad sales have outweighed the decline in its Internet subscription business. The company just … Read More »
UPDATE, 8:17 AM: AOL hit all the right buttons this morning. The stock’s up 15.9% on heavy volume in early trading.
PREVIOUS, 4:13 AM: Shares are up about 4.9% in pre-market trading following this morning’s earnings release which disclosed … Read More »
AOL this morning reported third-quarter revenue of $531.7 million, down 6% from a year ago but marking the lowest level of decline in five years. A loss of $2.6 million, or 2 cents a share, also beat Wall Street projections … Read More »
AOL shares are down about 11% in early trading and here’s why: Wall Street expected AOL to deliver a 4 cent-a-share profit for 2Q, and the company reported an 11 cent loss. The net loss, at $11.8M, looks better … Read More »