AOL once again posted a difficult quarter as the company's revenue couldn't keep pace with last year's figures.
The online media company said today that it took in $542.2 million during the second quarter, down 8 percent compared to the $592.2 million it posted during the same period last year. That revenue decline held AOL in the red, with an $11.8 million loss for the quarter.
AOL's revenue declines during the quarter stemmed mainly from subscriptions to its Internet service. The company generated $201.3 million in subscription revenues during the period, down … Read more