Revenue

One day in the spring of 1995, John Sylvan was parked outside a BayBank ATM in Coolidge Corner when he started feeling woozy. His heart palpitated. His head throbbed. He began to experience tunnel vision. Sylvan called his father-in-law, a physician, who insisted he drive directly to the emergency room. At Beth Israel, doctors determined Sylvan, then 37 years old, wasn't having a heart attack. They did a CAT scan to rule out a brain injury. And so, as doctors typically do, they began to ask questions.

Internet company AOL Inc. said Tuesday that its net loss narrowed in the second quarter even though revenue fell, largely because the results a year ago were weighed down by a huge accounting charge. AOL's advertising revenue grew for the first time since 2008 in what CEO Tim Armstrong called "another meaningful step forward in the comeback of the AOL brand. " But investors sent AOL's stock tumbling 20 percent as they focused on a slowdown in June and lowered expectations for an adjusted income figure.

Craigslist’s newly implemented ban on advertisements for adult services does not mean such online classifieds have vanished from the Internet. Many sites, including Backpage.com, owned by Village Voice Media, and the online version of The Boston Phoenix, continue to feature ads that appear to promise sex for money. Massachusetts Attorney General Martha Coakley has said she plans to hold public hearings on how to address the issue, but Internet specialists say it will be difficult for law enforcement officials to curb illegal activities online.

Investment company Apollo Global Management LLC said Tuesday that its net loss improved from a year ago as revenue soared from interest income and a 14 percent increase in management fees. The New York firm posted a net loss of $51 million, or 46 cents per share, compared with a loss of $75.1 million, or 79 cents per share, a year ago. A measure preferred by private equity firms called economic net income, which strips out stock-based compensation and income taxes, as well as other charges, shot up to $139.6 million from $22.9 million a year ago. On a per-share basis that came to 31...

The main union representing Verizon's workers said yesterday that its 35,000 members at Verizon had voted overwhelmingly to authorize a strike once their three-year contract expires Aug. 6. Officials with the union, the Communications Workers of America, said the vote was no surprise because, in their view, Verizon is seeking the largest concessions ever from its unionized workers. Candice Johnson, a spokeswoman for the union, said 91 percent of the workers who voted approved the strike authorization.

WHEN IMPORTANT politicians find themselves in a vulnerable position, they often respond by pretending that what appears to be weakness is, in fact, part of some sophisticated strategy that is underappreciated and actually quite brilliant. House Speaker John Boehner was able to keep up this ruse for the first six months of his speakership. But on Saturday, everything abruptly fell apart when his own party turned on him and aborted the historic $4 trillion deficit-reduction deal he was negotiating with President Obama.

The Globe 100 ranks the best-performing publicly traded corporations based in Massachusetts by how well they increased sales, profits, and returns for shareholders during 2010. Compustat gathered information on some 198 Massachusetts companies from sources that included Securities and Exchange Commission filings, commercial news services, and corporate and government reports. To be considered for the Globe 100, a company must: ■ Maintain corporate headquarters in Massachusetts; ■ Trade its shares on the New York Stock Exchange, the Nasdaq Stock Market, or the NYSE Amex; ...

Hologic Inc. said Monday its profit climbed 32 percent in the fiscal third quarter after regulators approved its Selenia Dimensions mammogram device, which generates 3-D images of the breast. The company said its net income rose to $36.2 million, or 14 cents per share, in the three months ended June 25. That's up from $27.4 million, or 10 cents per share, one year ago. Excluding one-time items, Hologic said it earned 32 cents per share, matching expectations of analysts polled by FactSet.

SEATTLE - Two former software executives grossly overstated their company's revenue to attract more than $50 million in private investment, prosecutors said yesterday, adding that evidence of the fraud was uncovered late last month when a worker was cleaning out a desk. Paul Thomas Johnston, a founder and chief executive of Entellium Corp., and Parrish L. Jones, its chief financial officer, resigned Sept. 30 and were charged with one count of wire fraud in US District Court. Entellium did not immediately return a call or an e-mail seeking comment.

Attendance is up but revenues are down, commissioner David Stern said yesterday at an NBA Board of Governors meeting in New York. Stern declined to give specific figures but said many of the teams reported a drop in revenue. "We're still in a negative position, but obviously that's not true of every team," he said after two days of meetings with the league's 30 franchise holders. "Overall, the league remains in a negative position, in a negative cash position. " Attendance, however, was at its highest level since the 1997-98 season -- the final one before the 1998-99 lockout.

Television station and newspaper owner The E.W. Scripps Co. said Tuesday that it posted a second-quarter loss as drops in newspaper revenue and its comic syndication business overwhelmed an increase in TV revenue. The net loss in the three months through June 30 came to $2.2 million, or 4 cents per share, compared to a profit of $99.5 million, or $1.56 per share, a year ago. Last year's results benefited from the sale of its licensing business, United Media Licensing, to Iconix Brand Group.

Liberty Media Corp., the media conglomerate controlled by John Malone, said Tuesday that revenue and profits at its main two businesses — shopping network QVC and the Starz pay TV channel — both rose in the second quarter. At Liberty Interactive group, the tracking stock to which QVC is attributed, revenue grew 9 percent to $2.2 billion and operating income grew 5 percent to $288 million. QVC revenue grew 8 percent to $1.9 billion, helped by domestic revenue growth of 3 percent and international revenue growth of 18 percent.

Business-software maker Pegasystems Inc. said Tuesday that it posted a second-quarter profit, reversing a year-ago loss, as revenue rose 26 percent. The company said it added new industry-specific products and released a new version of its core business process management software. Net income rose to $2.3 million, or 6 cents per share, compared with a loss of $8.2 million, or 22 cents per share, a year earlier. The company said adjusted income excluding acquisition costs and stock-based compensation expenses was 16 cents per share.

Shares of TransDigm Group Inc. rose more than 7 percent in early trading Tuesday after the company said its fiscal third-quarter earnings jumped 28 percent on higher demand for commercial aircraft parts. It also raised its forecast for the year. The stock gained $5.62, or 7.6 percent, to $79.45 in morning trading. For the quarter than ended July 2, the company earned $56.3 million, or $1.06 per share, compared with $44 million, or 83 cents per share, in the same quarter a year ago. Adjusted to exclude acquisition-related costs and higher interest expenses related to a debt refinance,...

Concert promoter Live Nation Entertainment Inc. made a profit in the second quarter, reversing a loss from a year ago, by doing away with fire-sale discounts and instead adjusting prices to accommodate both super fans and casual concertgoers. As a result, it generated more revenue from higher-priced seats closest to the stage, while drawing in more fans to the cheap seats in the back. Concert attendance went up 13 percent in North America and people who visited its amphitheaters spent 3 percent spent more than last year, at $19.21 each, on beer, food and parking.

Video game publisher Take-Two Interactive Software Inc. said it had a net loss in the latest quarter because of weak sales of "Duke Nukem Forever" and higher marketing and other expenses. Even so, the company reaffirmed its guidance for the full year on Monday. Its stock inched higher in after-hours trading. The New York-based company said it lost $8.7 million, or 11 cents per share, in the fiscal first quarter, which ended in June. That compares with earnings of $26.3 million, or 30 cents per share, a year earlier.

For selected drug store chains, here's how July revenue at stores open at least a year compared with the same month last year. This comparison is a key indicator of a retailer's health because it excludes revenue at stores that recently opened or closed. For Rite Aid, the figure covers the four weeks that ended July 23. Rite Aid Corp., up 1.9 pct Walgreen Co., up 2.7 pct

BURLINGTON - Speech and imaging software maker Nuance Communications Inc. posted a fiscal second-quarter profit yesterday, reversing a year-earlier loss as revenue grew and costs declined. For the three months ended March 31, the company earned $7.1 million, or 3 cents per share, up from a loss of $26.8 million, or 13 cents per share, in the year-earlier period. Excluding items such as the amortization of intangible assets, the company earned 24 cents per share in the latest quarter.

The pay-as-you-go mobile phone carrier plunged on a second-quarter profit of 24 cents a share, missing estimates. The company said net income rose to $84.3 million, up from $79.9 million, or 22 cents per share, in the same period a year earlier. Revenue rose 19 percent to $1.21 billion from $1.01 billion. Analysts expected 28 cents on revenue of $1.22 billion. MetroPCS has about 9.1 million subscribers.

Waltham health and industrial sciences company PerkinElmer Inc. said profit fell by half in the second quarter compared with a year ago, when it bought part of a joint venture with Danaher Corp. PerkinElmer said profit declined to $28.6 million, or 25 cents per share, from $57.6 million, or 49 cents per share. But revenue grew 14 percent, to $479.5 million from $421.6 million. Analysts expected a profit of 40 cents and $477.6 million in revenue. PerkinElmer said revenue from its human health business grew 11 percent and environmental health revenue rose 16 percent.