Digital media and entertainment company AOL Inc reported an 11.7 percent rise in quarterly revenue, propelled by strong advertising sales.
Net income attributable to AOL rose to $28.5 million, or 35 cents per share, for the third quarter ended Sept. 30, from $2 million, or 2 cents per share, a year earlier.
The company, whose businesses include the Huffington Post news website and the TechCrunch blog, said revenue rose to $626.8 million from $561.3 million.
Reuters
