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VIEW EVENT INFORMATION: AOL |
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AOL Reports 26 Percent Decline In Revenues For Q2 2010, And $1.4 Billion Goodwill Charge |
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About the organization AOL: Type: Business Sub-Types: Website, Search Engine, Internet Service Provider, Online News, Computer, Computer Software, Application Software, Telecommunication Software |
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Notable Organizations: AOL, Techcrunch |
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AOL took another hit in revenues last quarter, with total sales dropping to $584.1 million compared to $664 million in the first quarter of 2010 and significantly down from $791.5 million in the same period last year.
Wall Street consensus was total revenue of $602 million for the quarter, so they failed to meet expectations by a margin. |
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