06.02.2014 13:16:56
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AOL Q4 Profit Rises - Quick Facts
(RTTNews) - AOL Inc. (AOL) reported that its fourth-quarter net income attributable to company increased to $36.0 million or $0.43 per share, from $35.7 million or $0.41 per share, last year. The company said its net income and earnings per share were negatively impacted (after-tax Impact per share, $0.21) by a pre-tax restructuring charge of $13.2 million, largely related to a reduction in personnel, including Patch.
On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $0.60 for the quarter. Analysts' estimates typically exclude special items.
Total revenues rose year-over-year to $679.0 million, from $599.5 million. Analysts expected revenue of $655.81 million for the quarter.
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