Arab Today, arab today aol shows signs of revival on advertising
Last Updated : GMT 17:50:45
Arab Today, arab today
Arab Today, arab today

AOL shows signs of revival on advertising

Arab Today, arab today

Arab Today, arab today AOL shows signs of revival on advertising

Washington - AFP

AOL is showing signs of revival with gains in advertising, a key step toward the reinvention of the former Internet star as a media firm. AOL said Friday profits in the fourth quarter jumped 57 percent from a year earlier to $35.7 million, led by a rise in ad revenues. Total revenues were up four percent from a year earlier to $599.5 million, in what the company said was the first time revenue had increased year-over-year in eight years. The growth was led by advertising, which saw a 13 percent jump in revenue. \"AOL returned to growth and generated significant value for shareholders in 2012,\" Tim Armstrong, the firm\'s chairman and chief executive, said in a statement. \"AOL has strong momentum entering 2013 and is positioned to continue on our growth path by executing our strategy to build the next generation media and technology company.\" AOL, formerly known as America Online, has been struggling since the collapse of its leadership as an Internet subscription service, and has been seeking to become a more diversified Web firm. It fused with news and entertainment giant Time Warner in 2001 at the height of the dotcom boom in what is considered one of the most disastrous mergers ever. It was spun off by Time Warner in December 2009 into an independent company and has been struggling since then as it tries to focus on media and news. Its operations include the Huffington Post news site, technology news site TechCrunch, the local news operation Patch, Moviefone and Games.com. AOL shares leapt 7.3 percent to close at $33.72. Victor Anthony at Topeka Capital Markers said the shares may \"react positively off the headline revenue outperformance\" and profit growth, but added that \"we would have liked to see growth in domestic display (advertising) as evidence that AOL can fully compete with Google and Facebook.\" Anthony added that a spinoff of the struggling Internet access arm called AOL Networks \"would be a catalyst.\" Youssef Squali at Cantor Fitzgerald was cautious, maintaining a \"hold\" rating on AOL. He said the better-than-expected gains show that AOL is \"slowly moving back to growth mode again\" but added that \"management shied away from providing revenue guidance or quantifying margin improvement potential for 2013.\"

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today aol shows signs of revival on advertising Arab Today, arab today aol shows signs of revival on advertising

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today As Olympics loom,China plunges into biz

GMT 10:08 2017 Tuesday ,28 February

As Olympics loom,China plunges into biz
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Kalam Nawaem made a difference in social issues

GMT 06:43 2017 Tuesday ,28 February

Kalam Nawaem made a difference in social issues
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Humans spark most US wildfires

GMT 14:58 2017 Tuesday ,28 February

Humans spark most US wildfires
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Final Phantom VII signals end of an era

GMT 14:31 2017 Tuesday ,28 February

Final Phantom VII signals end of an era
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Aspires present the story of Egypt’s first president

GMT 06:18 2017 Sunday ,26 February

Aspires present the story of Egypt’s first president
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:28 2017 Tuesday ,28 February

Dumbphones survive rise of the smartphone

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday