Advertising sales drive AOL's revenue growth

(Reuters) - Online media group AOL Inc reported a 6 percent rise in third-quarter revenue, helped by a rise in advertising sales. Net income attributable to AOL fell to $2 million, or 2 cents per share, from $20.8 million, or 22 cents per share, a year earlier. The latest results include a $17.5 million goodwill impairment charge and $19 million in restructuring costs. Advertising revenue rose 13.5 percent to $386 million. Total revenue was $561.3 million. AOL's businesses include "The Huffington Post" and mapping service "MapQuest". ...

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