Tuesday, November 6, 2012

UPDATE 4-AOL ad sales, strongest in 7 years, boost profit

* Third-quarter EPS 22 cents, beats Wall Street view of 17
cents
* Total revenue flat, but beats forecast
* Advertising revenue up 7 percent


By Jennifer Saba
Nov 6 (Reuters) - AOL Inc reported
higher-than-expected revenue and profit on the strongest
advertising growth the company has seen in seven years.
At the same time, the company said its subscription revenue
had its lowest rate of decline in six years.
The advertising and subscription trends are helping boost
AOL

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