Worlds Leading Online travel agency Expedia Inc its quarterly net profit rose as bookings increased by 19 percent. The company revealed on Thursday that its second second-quarter net profit amounted to $140 million, or 50 cents per share, compared with 114 million, or 40 cents per share, a year ago. The Company’s value booking rose 19% to $8 billion,Domestic bookings increased 10 percent and international bookings increased 37 percent. Expedia earned 55 cents per share, beating a Wall Street consensus forecast for 49 cents per share
Expedia Profit Grows By 19%
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Posted by: Victor Hernàndez
Tags: 50 cents, breaking, expedia inc, international bookings, net profit, travel agency
