AOL Beats On Revenue, But Profit Falls

By Sarah Perez

aol-AP

TechCrunch parent company AOL released its Q2 earnings before the market opened this morning, reporting profit down by 1%, but revenue that beat expectations thanks to a 60% jump in advertising revenue from the company’s third-party advertising platform, which reached $194.3 million in the quarter. Meanwhile, ad revenue increased 20% to $451.7 million, also aided by the acquisition… Read More

Source: Technology