AOL reported first quarter earnings this morning, which saw it posting higher revenues than expected by analysts, with $529.4 million in revenue during the quarter, beating the $527 million consensus. However, this represented a 4% drop from a year earlier. Meanwhile, net income rose fourfold from the same quarter last year, with net income at $21.1 million (22 cents per share), up from $4.7 million (4 cents per share) in this quarter last year. Source: http://feedproxy.google.com/~r/Techcrunch/~3/JjPY8_so_EA/
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