Comment on AOL's 1Q profit plunges 86% amid reorganization effort

AOL's 1Q profit plunges 86% amid reorganization effort

AOL posted Wednesday a first-quarter profit well below year-ago levels, as the New York-based internet firm pressed ahead with a dramatic revamp effort. The company said its first-quarter profit plunged to $4.7 million, or four cents a share, from $34.7 million, or 32 cents a share, in the...

 

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