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AOL Profits Dip, While Third-Party Revs Soar

Higher costs sent second-quarter profits down 1%, AOL said Wednesday, but the company’s ad technology business continued to shine -- contributing to a 20% increase in global ad revenue. During the period, third-party platform revenue soared by 60%, which AOL attributed to growth in the sale of premium formats across its programmatic platform and the inclusion of revenue from (Excluding, Third Party Platform Revenue grew approximately 20%.)

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