AOL's (AOL +12.1%) financials seem to portray a company in dismal shape: Sales sank 6%, and it...

|About: AOL Inc. (AOL)|By:, SA News Editor

AOL's (AOL +12.1%) financials seem to portray a company in dismal shape: Sales sank 6%, and it lost $2.6M in Q3. But investors believe less bad is good, as quarterly revenue declines were the lowest in five years, and search ad sales fell by the smallest in two years. "The strategy is working," one analyst says. "They have some interesting ad platforms that are gaining traction."