February 8, 2013 / 12:10 PM / in 4 years

AOL quarterly profit rises on strong ad sales

1 Min Read

Feb 8 (Reuters) - AOL Inc's quarterly profit jumped, boosted by a 13 percent rise in advertising sales.

Net income rose to $35.7 million, or 41 cents per share, in the fourth quarter, from $22.8 million, or 23 cents per share, a year earlier.

Advertising revenue rose 13 percent to $410.6 million, while subscription revenue for AOL's dial-up services fell 10 percent to $174.2 million. Total revenue rose 4 percent to $599.5 million.

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