AOL Q4 Earnings Beat, Guidance In-Line; Stock Seesaws
Internet company AOL (AOL) beat analysts’ Q4 estimates Thursday, but its stock got only a short-lived boost on the news. AOL reported profit, excluding one-time items, of 64 cents a share, up 23% from the year-earlier quarter and beating analysts’ consensus by 4 cents. Sales rose 13% to $679 million, topping estimates by $23 million. The company guided 2014 operating income before depreciation and amortization (OIBDA) of $500 million, in line with