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VIEW EVENT INFORMATION: AOL |
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AOL’s Hyperlocal Effort Patch Misses $40M-50M Sales Target, Partly Because Of Sandy, Still |
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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’s Q4 earnings today saw that company (which owns TechCrunch) finally make a turnaround, after 8 years of decline, into revenue growth, with overall sales of $599.5 million. But there are still a lot of areas that are seeing flat or declining revenues, and some that are loss-making: among those is AOL’s hyperlocal effort Patch. On the investor call today, CEO Tim Armstrong… |
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