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AOL 1Q profit plunges 58 percent with advertising and subscription revenue falling sharply

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
AOL 1Q profit plunges 58 percent with advertising and subscription revenue falling sharply Posted: Apr 28, 2010 8:45 AM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: AOL 1Q profit plunges 58 percent with advertising and subscription revenue falling sharply
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more images more images AOL 1Q profit slumps as ads, subscriptions wane NEW YORK — Internet company AOL Inc. said Wednesday that tumbling advertising and subscription revenue, along with restructuring costs, led to a 58 percent decline in first-quarter profits. Shares slid 3.6 percent to $27 before the market opened. The New York company earned $34.7 million, or 32 cents ... Original article on : AOL 1Q profit plunges 58 percent with advertising and subscription revenue falling sharply.

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