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AOL Earnings Released, Revenue Up 12%

AOL Earnings Released, Revenue Up 12%

By Chris Crum November 6, 2014

AOL just released its Q3 earnings report with total revenue growth of 12% year-over-year thanks to strong global advertising growth. This was the company’s seventh consecutive quarter of revenue growth. It grew its domestic multi-platform unique visitors by 14% from …

AOL's Adap.tv Acquisition Is Now Complete AOL's Adap.tv Acquisition Is Now Complete

About a month ago, AOL announced the company’s biggest acquisition under CEO Tim Armstrong with news that it would buy video ad platform Adap.tv for $405 million. The company announced the completion of that acquisition today. “With the addition of …

Tim Armstrong Apologizes For Firing Lenz Tim Armstrong Apologizes For Firing Lenz

A public figure runs a media company. An employee of that media company recorded some words, then took a picture of this public figure. This employee is now fired and tensions are high at America Online. If you didn’t already …

AOL Reportedly Laying Off Hundreds From Patch AOL Reportedly Laying Off Hundreds From Patch
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Layoffs are coming to AOL’s Patch hyperlocal news service over the next week or so, according to multiple reports. When the company reported its earnings earlier this week, CEO Tim Armstrong indicated that AOL would get rid of up to …

AOL Posts Q2 Earnings, Revenue Up 2% AOL Posts Q2 Earnings, Revenue Up 2%

AOL reported its Q2 earnings on Wednesday, in addition to the news that it is acquiring Adap.tv in CEO Tim Armstrong’s biggest deal yet. The company managed to beat Wall Street estimates. Revenue for the quarter grew 2% year-over-year thanks …

AOL Appoints Susan Lyne CEO Of Brand Group AOL Appoints Susan Lyne CEO Of Brand Group

AOL just announced that it has appointed Susan Lyne CEO of its brand group, and she will run the AOL operating unit that houses the company’s portfolio of brands. There were already rumors being reported that she would be taking …

AOL Posts Revenue Growth For First Time In 8 Years AOL Posts Revenue Growth For First Time In 8 Years
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AOL released its Q4 earnings on Friday, and reported revenue growth for the first time in 8 years. AOL posted revenue of $599 million, significantly higher than Street’s $574 million estimate. Adjusted OIBDA was $123 MM ($8 MM higher than …

AOL Reorganizes Operations Into Three Units AOL Reorganizes Operations Into Three Units

Yesterday, AOL began buying back shares of common stock, spending up to $400 million in a dutch auction style sale. Stockholders stand to receive, or have received, as much as $30 per share. Today, AOL is introducing some more changes. …

AOL Completes $1B Patent Sell-Off to Microsoft AOL Completes $1B Patent Sell-Off to Microsoft

Now that AOL can put the whole Starboard ordeal in the past, one of the bigger business transactions that was caught in the executive crossfire has inally reached its conclusion: the company announced today that it completed its sale of …

AOL CEO Armstrong Moving Full Steam Ahead with Patch AOL CEO Armstrong Moving Full Steam Ahead with Patch

On the heels of winning a proxy showdown against a gang of grumbling shareholders yesterday, AOL CEO Tim Armstrong is punctuating his victory over that cabal of activist investors known as Starboard by pushing the very product they insisted was …

AOL Wins Proxy Battle with Starboard AOL Wins Proxy Battle with Starboard

AOL released a statement today explaining their proxy battle with activist shareholder, Starboard has come to an end. Today, all of their board members have been re-elected for another term signifying that indeed, none of Starboard’s nominations were welcome additions …

AOL’s First Quarter 2012 Earnings Report AOL’s First Quarter 2012 Earnings Report

AOL’s quarterly earnings are in and things aren’t looking too bad for the company. Advertising revenue is up 5% year-over-year, and diluted earning per share reached an incredible $0.22, which is much higher than experts were predicting (they predicted around …

Arianna Huffington Free to Concentrate on the Post Arianna Huffington Free to Concentrate on the Post
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For over a year Arianna Huffington has served at AOL’s many media properties as the catch all editor. She is famous as a shrewd negotiator who isn’t afraid to ruffle a few feathers. Her length of influence extended over TechCrunch, …

AOL Sets Up Shop at First Digital Content NewsFronts AOL Sets Up Shop at First Digital Content NewsFronts

Back in February, AOL partnered with Google, Yahoo!, Microsoft, Hulu and Digitas to form “Digital Content NewsFronts,” a forum which allows members to gauge and present advance content offerings to potential investors. The DCNFs kicked off on April 19th, with …

AOL Plans to Lay Off 50 Employees AOL Plans to Lay Off 50 Employees

According to the Wall Street Journal, AOL plans to cut up to 50 jobs from it’s AIM unit. AIM is best known for its Instant Messanger service. Among those being cut is vice president of AIM products, Jason Shellen. The …

AOL’s Tim Armstrong On: Project Devil, Patches’ Success & TechCrunch “Chaos” AOL’s Tim Armstrong On: Project Devil, Patches’ Success & TechCrunch “Chaos”

Following up with their company’s financial earnings being released this morning, Tim Armstrong, AOL CEO and Chairman, and Arte Minson, AOL CFO, took some time this morning to conduct a Q&A with the media about the implications of the Q4 …

AOL Releases Q4 2011 Earnings AOL Releases Q4 2011 Earnings

AOL released their financial earnings for the fourth quarter of the 2011 financial year this morning and initial reviews seem to be more positive than negative for the media company. It announced that their shares are up $0.23 and revenue …