Expedia, Inc. (EXPE) stock prices updated...
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Expedia, Inc. stock price
Expedia, Inc. latest news:
Expedia shares climb after second-quarter revenue beat
Shares of Expedia Inc. were up 3% after hours Thursday after the company beat second-quarter revenue expectations. It reported net income of $56.7 million, or 36 cents per share, up from $31.6 milion, or 21 cents per share, in the year-earlier period. It reported adjusted earnings per share of 89 cents, below the FactSet consensus of 94 cents. Revenue was $2.59 billion, up from $2.2 billion in the year-earlier period and above the FactSet consensus of $2.55 billion. Alongside the earnings, Expedia announced a $350 million minority investment in Traveloka Holding Limited, a Southeast Asian online travel company. Shares of Expedia have gained 13% in the past three months, outperforming the S&P 500 which was gained 4%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Liberty Expedia holdings proposes private offering of exchangeable senior debentures
Liberty Expedia Holdings Inc: * Liberty Expedia Holdings Inc- intends to issue senior debentures exchangeable for Expedia, Inc. common stock in a private offering. * Liberty Rxpedia-expects to use proceeds of offering to repay up to $350 million outstanding under its margin loan facility entered by special purpose unit Source text for Eikon: Further company coverage:
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