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AOL (AOL) stock spiked on Friday as stronger global advertising sales helped lift Q1 revenue and earnings above estimates. The Web firm earned 34 cents per share ex items, down 3% year over year. Analysts polled by Thomson Reuters were expecting EPS of 32 cents. Revenue grew 7% to $625.1 million, above the $594.6 million that Wall Street had expected, led by 12% growth in global advertising and other revenue. Revenue minus traffic acquisition Scalper1 News
Scalper1 News