AOL TW said second-quarter earnings rose sharply amid hit films such as “The Matrix Reloaded,” strength at its popular cable TV networks, and cost-cutting at its struggling America Online unit.
Revenue rose 6 percent to $10.82 billion from $10.57 billion a year-earlier. Earnings before a range of costs, fell to about 12 cents a share, compared with 24 cents a year-ago.
Also read details on SEC probe.
Another story on News.com: “Subscriber loss dampens AOL gains“
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post