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AOL Inc. AOL Inc. Common Stock Message Board

  • bluecheese4u bluecheese4u May 9, 2012 9:16 AM Flag

    AOL Reports Q1 Earnings

    AOL Reports Q1 Earnings

    Improved Revenue & Expense Trends Lead AOL to Increase 2012 Adjusted OIBDA Guidance to $350 Million*

    Global Advertising Revenue Grows Year-Over-Year for the Fourth Consecutive Quarter

    Combined AOL Properties Display & Third Party Network Revenue Grows 10% Year-Over-Year

    Subscription Churn Rate the Lowest in Seven Years

    Significant Improvements Made to Search and Contextual Revenue Trends

    Operating Expenses Decline Quarter-over-Quarter for the Fourth Consecutive Quarter

    Reported EPS of $0.22 Compares to $0.04 in Q1 2011

    AOL Repurchased 1.8M Shares Since its Last Earnings Release at an Average Price of $17.65

    AOL has Repurchased 14.8M Shares To-Date at an Average Price of $14.11

    NEW YORK--(BUSINESS WIRE)--May. 9, 2012-- AOL Inc. (NYSE: AOL) released first quarter 2012 results today.

    “AOL is a much stronger company today than a year ago and began 2012 by growing advertising revenue, lowering expenses and improving Adjusted OIBDA trends," said Tim Armstrong, Chairman and CEO. "In 2012 and beyond we are simultaneously focused on the continued successful execution of our strategy and on creating and unlocking value for our shareholders.”

    Summary Results

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