Online travel giant Expedia’s must-know overview for investors
Expedia’s recent quarterly earnings beat Wall Street estimates, and it posted fiscal 2013 adjusted earnings of $3.22 per share on revenues of $4.8 billion.
Why Expedia saw revenue from hotel bookings and advertising rise
Expedia reported better than expected results for 4Q13. Revenue was up 18% year-over-year, to $1.152 billion due to growth in hotel room nights and advertising and media revenue.
Why is Expedia focusing on growth in international markets?
Expedia has been investing to expand its international footprint, as growth in its core U.S. market has slowed down.