AOL said it earned 41 cents a share, or $35.7 million in net income, in the fourth quarter, which was right on target with what Wall Street analysts had expected. That was a significant rise from last year, when the New York-based Internet portal earned 23 cents, or $22.8 million.

Revenue was $599.5 million in the quarter, which was higher than the $573.7 million investors were estimating. While it was a small total rise of four percent from the same period a year ago, the New York-based Internet giant said its global advertising business was up 13 percent.

That was made up of 17 percent growth in its search business and a 31 percent rise in its third-party ad business, which was tamped down by a drop of three percent in its display ad sales.

AOL’s long-declining subscription business of dial-up services fell to $174.2 million, down 10 percent in the quarter from last year.

In addition, the company, which had been buying a lot of its stock back recently, said its board has authorized $100 million more in repurchases, which could happen at any time in the next year.

CEO Tim Armstrong will talk about the Q4 performance in a call with analysts at 5 am PT.

Until then, here’s a whole bunch of lovely charts and other info from AOL:

AOL_Q4_2012_Earnings_Release_Final

AOL_Q4_2012_Earnings_Presentation_Final

AOL_Q4_2012_Trending_Schedules_Final

Categorised as: Chief Digital Officer | Digital Media | Feedster

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