The earnings are about to be released on Wednesday. In Q1'12, the revenues were $529.40 million and the net income was $21.10 million. In Q4'12, the revenue and net income were $584.80 million and $35.70 million respectively. The company will hopefully deliver on the growth front again. Last quarter, the revenues had grown for the first time in 8 years. The market was happy and the stock has more or less maintained the uptrend. The company is becoming a preferred stock of analysts with buy recommendations and upgrades. UBS had initiated its coverage on the stock recently. Now that the recent high of $43.93 is approaching, its seems that the stock will cross the hurdle only if the results are good. Another quarter of growth will definitely take the stock beyond those levels into new highs. Of course, caution needs to be exercised as negative surprises can spoil the party pretty quickly. On 15th April the short ratio was 12%. The more recent price action and volume patterns indicate that the shorts may have been squeezed out already. Thus, investors and traders may be neutral or positive towards the results. In any case, AOL has already delivered great returns to the investors, and also paid a huge one time dividend to distribute the gains from sale of the licenses in Q2'12. Licenses / patents enforcement / monetizing is big business now, and companies are focusing on building their patent portfolios. PLC Systems (PLCSF) sold its successful product heart laser in 2011 to concentrate on another product RenalGuard to build a patent portfolio. It recently got its first patent from the European Patent Office for the product and is on course to prepare for commercialization. There are several other companies like PLC System which have even changed their business model to monetize their technologies. For AOL, the results will be the main trigger for the near term.