AOL Posts First Year-Over-Year Growth in 8 Years

For AOL, the fourth quarter of 2012 was a solid one. According to its earnings report, the company posted year-over-year revenue growth for the first time in eight years. During 2011’s fourth quarter, AOL earned $22.8 million in net income, while last year it pulled in $35.7 million.

The reasons for the good close to 2012? AOL saw a 17 percent percent jump in its search business and a 31 percent bump in its third-party ad business.

Tim Armstrong, CEO of AOL, was obviously pleased with the results.

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