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VIEW EVENT INFORMATION: TripAdvisor |
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Expedia Takes A Hit On Revenues And Net Income, Shares Soar |
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About the organization TripAdvisor: Type: Business Sub-Types: Website, Travel, Advertising Agent, Transport, Application Software, Telecommunication Software |
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Notable Organizations: TripAdvisor, Techcrunch |
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Online travel services group Expedia has reported its results for Q2 2009, and the financials aren’t looking spectacular, but they are not as bad as expected.
Although the number of booking transactions handled by the company actually saw a small uptick, gross bookings decreased 5%. As a result, revenues went down 3% (from $795 million in 2008 to $770 million) and operating income… |
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