AOL released mixed Q3 2014 financial results Nov. 6, with the company matching analysts' earnings expectations of 52 cents per share. The company posted $626.8 million in revenue, beating expectations of $623.5 million. The company's domestic dial-up service stood at 2.27 million subscribers, down from 2.33 million in Q2.
AOL's membership division, which includes dial-up service, generated $196.7 million in revenue in Q3, nearly one-third of the company's overall revenue for the quarter. Total ad revenue reached $473.4 million, up 18% from the year before.
The number of domestic dial-up subscribers has slowly declined over the past few years, with 3.6 million in Q1 2011, 3.1 million in Q1 2012, and 2.6 million in Q1 2013. The company had 2.5 million subscribers by the end of 2013.
AOL Reports Revenue Growth for the First Time in 8 Years in Q4 2012