AOL Inc. (AOL), owner of the Huffington Post
and TechCrunch, reported a more than fourfold jump in first-
quarter profit as online-advertising revenue increased.
Net income advanced to $21.1 million, or 22 cents a share,
from $4.7 million, or 4 cents, a year earlier, the New York-
based company said today in a statement. Excluding some items,
per-share profit was 31 cents. Analysts had predicted 17 cents,
the average of estimates compiled by Bloomberg..
from Bloomberg
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Let's hope some of that increase is down to video ad revenues, and let's hope it feeds through to BLNX's own bottom line. Because God knows BLNX management and shareholders - which of course are not always the same thing - could do with some good news...
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