Skip to comments.AOL first-quarter profit misses estimate; shares tumble 22 percent
Posted on 05/07/2014 9:39:52 AM PDT by don-o
(Reuters) - AOL Inc on Wednesday reported its quarterly profit fell, missing expectations as it sheds businesses and upgrades its advertising operations, sending its stock tumbling 22 percent.
The digital and media entertainment company posted first-quarter adjusted earnings per share of 34 cents, falling far short of the average analyst estimate of 45 cents and overshadowing growth in revenue and advertising sales.
AOL, which owns the Huffington Post website and the TechCrunch blog, has been investing in advertising, especially in the so-called programmatic side, referring to the machine-buying and selling of digital advertising.
(Excerpt) Read more at reuters.com ...
I keep an email list with around 300 names. MAYBE 7 are aol.
Bad times in the dial-up modem business apparently.
AOL is still around? Who knew...
What, exactly, does AOL do nowadays?
“What, exactly, does AOL do nowadays?”
I still have my personal email there.
Yes...I remember back then when I would get a package from aol, every week to download, even though I already had it.
Wait... AOL is still in business?
*AOL is still around? Who knew...*
My thoughts exactly. I think I was hearing about the new Wayne’s World movie the last time anyone was talking about AOL...
One of my neighbors uses AOL. One afternoon he took LSD. That night he saw Lawrence Welk ... in color.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.