AOL revenue rises for first time in eight years
AOL eked out just a 4 percent gain in sales last quarter, but it was the first sign of revenue growth in the past eight years.
For the final quarter of 2012, the company took in revenue of $599 million, rising from $576 million in the year-ago quarter and beating analyst estimates of $573 million, according to Reuters.
AOL attributed the gain to a boost in sales from its global advertising, which grew by 13 percent from a year ago. Ad revenue from third-party networks jumped by 31 percent, while search revenue increased by 17 percent.
On the downside, subscription … Read more