Business & Economy -
Tim Armstrong's company continues to make a significant amount of money from dial-up subscribers.
AOL released mixed Q2 2014 results on Aug. 6, with the company posting an EPS of 34 cents on $606.8 million in revenue. Analysts expected 44 cents on $596 million. The company's membership division, which includes its dial-up service, stood at 2.8 million subscribers.
The membership division earned $143.4 million in adjusted OIBDA (profit minus certain costs like taxes), more than the $121 million earned by the rest of the company's other divisions combined.
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