AOL has continued to shed subscribers but managed to turn a decent profit last quarter thanks mostly to its advertising trade.
The online Internet provider scored a 9 percent increase in global advertising revenue for the first quarter, compared with the year-ago quarter. Global display revenue climbed by 8 percent year over year thanks to 6 percent growth in the U.S. and ongoing double-digit growth abroad.
AOL also saw a 9 percent rise in search revenue due to gains in global queries and higher revenue per search at AOL.com.
"Growth continues at AOL," AOL CEO Tim … Read more