AOL Reports Q3 Earnings AOL Reports Q3 Earnings
7% Global Advertising Revenue Growth Drives Best Year-Over-Year Revenue Performance in Over 7 Years
12% Adjusted OIBDA Growth Marks the Second Consecutive Quarter of Year-Over-Year Growth
8% Search and Contextual Revenue Growth Represents the First Growth Quarter in Over 3 Years
Subscription Revenue Trends Improve Meaningfully With The Lowest Rate of Decline in Over 6 Years
AOL Properties Unique Visitors Grew 4% from Q3 2011
Reported EPS of $0.22 Compares to a Loss Per Share of $0.02 in Q3 2011
23% Growth in Cash Provided by Operating Activities Drives 27% Free Cash Flow Growth
AOL Is Positioned to Reduce its Shares Outstanding By Approximately 30% From Its High by Year-End
NEW YORK--(BUSINESS WIRE)--Nov. 6, 2012-- AOL Inc. (NYSE: AOL) released third quarter 2012 results today. “We just reported the best relative revenue performance in seven years and the second consecutive quarter of year-over-year profit growth, exceeding our expectations,” said Tim Armstrong, Chairman and CEO. “We have positioned AOL for growth in 2013 and beyond with consumer and advertiser demand growing for our premium content and innovative products, video, services and ad formats.”
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Analyst Estimates
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