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Video: AOL Revenue Up 12 Percent As Ad Sales Jump

By Clip Syndicate
Digital media and entertainment company AOL Incorporated reported a 12 percent increase in quarterly revenue, helped by a jump in advertising sales. Net income attributable to AOL fell to $28.2 million, or 34 cents per share, for the second quarter ended June 30th, from $28.5 million, or 35 cents per share, a year earlier. Revenue rose to $606.8 million from $541.3 million. AOL said advertising revenue increased 20 percent to $451.7 million. AOL owns the Huffington Post news website and the TechCrunch blog.

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Related Keywords:News websites, Business News, Video game development, Electronic Arts, Mass media, Arianna Huffington, Kenneth Lerer

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