Online Travel Booking and Bidding Agencies - Expedia Posts Profit




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0524
Jan 28, 02, 6:06 pm
NEW YORK (CNN/Money) - Online travel service Expedia Inc. posted fiscal second-quarter earnings that more than tripled Wall Street forecasts for the period.

The company earned $18.9 million, or 31 cents a share, excluding non-recurring and non-cash charges, for its second quarter ending Dec. 31. Analysts surveyed by earnings tracker First Call were forecasting only 10 cents a share for the period. The company lost $3 million, or 6 cents a share, on the same basis a year earlier.

http://money.cnn.com/2002/01/28/technology/expedia/


aconcagua98
Jan 29, 02, 12:50 pm
Have we learned nothing about pro forma accounting frm Enron? http://www.flyertalk.com/travel/fttravel_forum/smile.gif



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