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AOL revenue rises 13 percent as ad sales jump

06
Feb
2014

(Reuters) – Digital media and entertainment company AOL Inc reported a better-than-expected 13 percent rise in quarterly revenue as its advertising revenue rose, especially from video. The companys total revenue rose to $679 million in the fourth quarter ended December 31 from $599.5 million a year earlier. Analysts on average had expected revenue of $655.8 million, according to Thomson Reuters I/B/E/S. Net income attributable to AOL rose to $36 million, or 43 cents per share, in the quarter from $35.7 million, or 41 cents per share a year earlier. …

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