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May 7, 2014 03:08 pm GMT
AOL today reported earnings of $583.1 million butstartlingly low earnings per share of $0.11 and a 66% drop in net income to $8.7 million. Those numbers beat analyst estimateson sales but EPS wasweighed down on restructuring costs of $12 million and a$10 million asset impairment charge. There was also a $10 million shortfall in display ad revenues because of “shuttered or… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/PQeKLYyaQkc/
AOL Q1 Beats Street On Revenues Of $583M, Misses EPS On $22M Of Charges
AOL today reported earnings of $583.1 million butstartlingly low earnings per share of $0.11 and a 66% drop in net income to $8.7 million. Those numbers beat analyst estimateson sales but EPS wasweighed down on restructuring costs of $12 million and a$10 million asset impairment charge. There was also a $10 million shortfall in display ad revenues because of “shuttered or… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/PQeKLYyaQkc/
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