AOL Revenue is Up, Still Gets Millions from Dial-Up Subscribers
AOL had some positives in its first quarter earnings report. Total revenue for the company was up two percent compared to last year, hitting $538 million. Ad sales were also up nine percent, from $330 million to $359 million.
Those are good signs, but as always, the hilarious highlight of any AOL earnings report is noting that it’s still raking in lots of cash from people using its dial-up service. Though subscription revenue declined nine percent for Q1, those customers who continue to live in 1999 brought the company $165 million.
“AOL’s strategy of being the first scaled media and technology company is clearly represented in our results today, and we will continue to aggressively drive the company toward near-and long-term growth,” said Tim Armstrong, the company’s CEO, in a statement.

Peter Land
A couple of big changes to AOL this morning.
For AOL, the fourth quarter of 2012 was a solid one. According to its earnings report, the company posted year-over-year revenue growth for the first time in eight years. During 2011′s fourth quarter, AOL earned $22.8 million in net income, while last year it pulled in $35.7 million.
AOL reported their third quarter earnings today, and the good news for the company was that revenue was flat. We know, it doesn’t quite sound like a positive, but it is. It’s the first time in seven years AOL’s revenue didn’t decline. The company’s overall ad business was also up seven percent compared to 3Q 2011. Additionally, traffic to AOL’s sites increased four percent.
AOL has named
Curtis Brown
AOL CEO
TVSpy: Today is
Now this is hard to believe.



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