{"id":264120,"date":"2010-02-02T08:20:22","date_gmt":"2010-02-02T13:20:22","guid":{"rendered":"http:\/\/www.stoth.com\/2010\/02\/02\/aol-earnings-tomorrow-are-you-there-wall-street-its-me-tim-armstrong-boomtown\/"},"modified":"2010-02-02T08:20:22","modified_gmt":"2010-02-02T13:20:22","slug":"aol-earnings-tomorrow-are-you-there-wall-street-it%e2%80%99s-me-tim-armstrong-boomtown","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/264120","title":{"rendered":"AOL Earnings Tomorrow: Are You There Wall Street? It\u2019s Me, Tim Armstrong. [BoomTown]"},"content":{"rendered":"<p><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/4e94c_9623692-204x300.jpg\" alt=\"\" width=\"204\" height=\"300\" class=\"alignright size-medium wp-image-23904\" \/><\/p>\n<p>AOL will report its fourth-quarter earnings results tomorrow before the markets open&#8211;thanks, CEO Tim Armstrong, from us folks on the West Coast&#8211;marking its first Wall Street outing as a newly independent company.<\/p>\n<p>And Wall Street is definitely wary about this close encounter of the first kind.<\/p>\n<p>AOL (AOL), which spun off from parent Time Warner (TWX) in mid-December, has been mightily trying to make itself relevant and innovative, as well as trying to fix its lagging business.<\/p>\n<p>Under former Google (GOOG) exec Armstrong, the focus has been squarely on content and advertising to sell against that content, which remains a dicey proposition. <\/p>\n<p>And, even though online ad sales are looking up, most think it is still a long way from the turn AOL needs to begin growing in any significant way.<\/p>\n<p>To help things along, Armstrong has slashed its workforce by 2,300 employees and has been trying to unload a variety of its less important business units. <\/p>\n<p>On a consensus basis, analysts expect AOL to report an adjusted profit of 62 cents on $763.5 million in revenue in the quarter.<\/p>\n<p>That is why AOL stock, which opened trading at $23.67, has remained around that price, reflecting the widespread wait-and-see attitude around the company by investors.<\/p>\n<p>One query I hope those not-so-good-at-asking-interesting-questions analysts ask on the call: What&#8217;s up with renewing its search deal with Google or is Microsoft (MSFT) its new partner?<\/p>\n<p>Until tomorrow, here&#8217;s a video of an <a href=\"http:\/\/kara.allthingsd.com\/20091209\/boomtown-visits-aols-nyc-hq-on-eve-of-spin-off-ceo-armstrongs-fabulous-cheekbones-and-more\/\">interview I did with Armstrong<\/a> right before AOL spun off last year, where I tried to ask good questions:<\/p>\n<p><div>[ See post to watch video ]<\/div>\n<\/p>\n<p>Buy This Item: <a class=\"buy\" href=\"http:\/\/www.stoth.com\/buy.php\" ><span style=\"color: #33bc03\">[Click here to buy this item]<\/span><\/a><\/p>\n<p><a href=\"http:\/\/kara.allthingsd.com\/20100202\/aol-earnings-tomorrow-are-you-there-wall-street-its-me-tim-armstrong\/?mod=ATD_rss\" >Read Original Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AOL will report its fourth-quarter earnings results tomorrow before the markets open&#8211;thanks, CEO Tim Armstrong, from us folks on the West Coast&#8211;marking its first Wall Street outing as a newly independent company. And Wall Street is definitely wary about this close encounter of the first kind. AOL (AOL), which spun off from parent Time Warner [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-264120","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/264120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=264120"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/264120\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=264120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=264120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=264120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}