AOL’s Ad Dollars Finally Rise, But Stock Tanks

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By: Peter Kafka | All Things Digital

It took Tim Armstrong a couple years, but he has finally delivered: AOL’s ad sales have increased for the first time since the former Google salesman took over the company.

AOL posted a five percent ad increase for the June quarter, and did much better with its key display-ad category, notching a 14 percent increase. That follows a four percent increase in display ads the previous quarter, when the company first showed signs of life.

Which makes it even odder for Armstrong to have swapped out his top sales guy last month, but we can come back to that later.































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