Market Overview

UPDATE: AOL Posts Rise In Q4 Revenue

Share:
Related AOL
A SOTP Analysis Of Alliance Data Systems Supports $250 Share Price, Says Pacific Crest
What Are The 5 Biggest Internet Buyouts Of All Time?

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.

Posted-In: profitEarnings News

 

Related Articles (AOL)

View Comments and Join the Discussion!