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ECT News Community   »   E-Commerce Times Talkback   »   Re: Expedia Profits Surpass Expectations

Re: Expedia Profits Surpass Expectations
Posted by Elaine X. Grant on 2002-01-30 14:01:21
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In a clear signal that online travel is on the mend, Expedia reported much stronger than
expected earnings for the fourth quarter, with net income of US$5 million. Expedia chief
financial officer Greg Stanger said the company expects to remain profitable in 2002.
"In the events post-September 11th, it appears as though online travel has picked up
surprising momentum," Morgan Stanley analyst Mary Meeker said.

 * Topic  Author  Date
Re: Expedia Profits Surpass Expectations  Elaine X. Grant  2002-01-30 14:01:21
Re: Expedia Profits Surpass Expectations  jbuhler  2002-01-30 14:17:29
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