AOL Q1 Operating Profit Up, Revenue Flat

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NEW YORK America Online’s operating income before depreciation and amortization rose 21 percent in the first quarter on flat revenue of $2.19 billion.

The Time Warner Internet unit posted a 5 percent ad revenue decline–an improvement over last year’s double-digit decreases. The reduction of benefits of prior-period contract sales and lower inter-company revenue of $31 million contributed to the drop, but were partially offset by increases in paid search.

The AOL results were released as a part of Time Warner’s first-quarter earnings report.

AOL’s





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