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AOL first-quarter profit misses estimate; shares tumble 22 percent
| May 7, 2014
| Jennifer Saba
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 ...
TOPICS: News/Current Events
aol? How 1990 can you get?
posted on 05/07/2014 9:39:52 AM PDT
I keep an email list with around 300 names. MAYBE 7 are aol.
posted on 05/07/2014 9:41:01 AM PDT
(He will not share His glory and He will NOT be mocked! Blessed be the name of the Lord forever!)
Bad times in the dial-up modem business apparently.
To: Buckeye McFrog
Probably caused by AOL buddying up with the " Huffington-Fluffyington post
of air-head Liberal libel !
posted on 05/07/2014 9:46:57 AM PDT
by Tilted Irish Kilt
(Political Correctness is Tyranny .. with manners ! Charlton Heston)
AOL is still around? Who knew...
posted on 05/07/2014 9:56:52 AM PDT
What, exactly, does AOL do nowadays?
posted on 05/07/2014 10:18:09 AM PDT
by Cowboy Bob
(They are called "Liberals" because the word "parasite" was already taken.)
To: Cowboy Bob
“What, exactly, does AOL do nowadays?”
I still have my personal email there.
posted on 05/07/2014 10:24:13 AM PDT
("Heck of a reset there, Hillary")
Yes...I remember back then when I would get a package from aol, every week to download, even though I already had it.
posted on 05/07/2014 10:30:16 AM PDT
( Believe the Gospel: how that Christ died for our sins, was buried and rose again)
Wait... AOL is still in business?
posted on 05/07/2014 10:31:24 AM PDT
(I'm not an unreasonable man... well, actually, I am. But hear me out anyway.)
*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...
To: Buckeye McFrog
AOL comes free as a package with B&W TV sets. Two free months if you take the AM Radio/8-Track Combo. It still has glitches with Windows 95, but "They're working on it."
One of my neighbors uses AOL. One afternoon he took LSD. That night he saw Lawrence Welk ... in color.
posted on 05/07/2014 11:20:16 AM PDT
by Kenny Bunk
(Take congress in 2014. Have a Constitutional Convention of the States. Save the Republic.)
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