UPDATE: AOL Posts Rise In Q4 Revenue
AOL (NYSE: AOL) reported a 0.8% rise in its fourth-quarter profit.
AOL's quarterly profit gained to $36 million, or $0.43 per share, from a year-ago profit of $35.7 million, or $0.41 per share. Excluding one-time items, it earned $0.64 per share.
Its revenue climbed 13% to $679 million. However, analysts were expecting earnings of $0.60 per share on revenue of $656 million.
AOL shares gained 5.63% to $50.25 in pre-market trading.
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