AOL Revenue Grows in Q4 for First Time in 8 Years

For the first time in nearly a decade, AOL's business is actually growing again.

AOL reported revenue of $599.5 million in December, a slight 4% increase from the $576.8 million it generated during the same quarter in 2011. Not only did that beat Wall Street's estimates for revenue of $573 million, but it also represented the first year-over-year growth for the company in 8 years.

AOL returned to growth and generated significant value for shareholders in 2012, said Tim Armstrong, AOL's chairman and CEO, 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 technol…
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