AOL just released its Q4 earnings report, delivering its strongest revenue growth in a decade.
Total revenue grew 13% year-over-year, mostly due to global ad revenue growth, which grew 23% itself. This includes 63% growth in third party network revenue and 7% growth in global display. Global search revenue decreased by 2%.
CEO Tim Armstrong said, “2013 was AOL’s most successful year in the last decade, and we accomplished our goal of industry level growth at scale for AOL. AOL’s exceptionally talented team continues to execute against our strategy and our results show meaningful progress in the most important areas of media and technology. AOL plans to invest in our market leading strategies in 2014, while we continue to grow the company.”
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