Digital media and entertainment company AOL Inc reported a 12 percent increase in quarterly revenue, helped by a jump in advertising sales. Net income attributable to AOL fell to $28.2 million, or 34 cents per share, for the second quarter ended June 30, from $28.5 million, or 35 cents per share, a year earlier.
AOL Inc. (AOL) is a global Web services company with a range of brands and offerings, and a global audience. Shares of AOL fell by 0.54% or $-0.21/share to $39.00. In the past year, the shares have traded as low as $32.19 and as high as $53.28. On average, 1372320 shares of AOL exchange hands on a given day and today's volume is recorded at 1495798.
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