AOL may have positive ad revenue growth for the first time in three years, but it's coming at a...

|About: AOL Inc. (AOL)|By:, SA News Editor
AOL may have positive ad revenue growth for the first time in three years, but it's coming at a price: The company's cost of revenue grew 20% Y/Y in Q2. Moreover, AOL is spending $160M/year just on its controversial Patch local news initiative, and is still seeing its display ad market share decline at the hands of Facebook and Google (GOOG).