Expedia Published Second Quarter Revenue Report
In its revenue report, shared on Thursday as part of the second quarter, Expedia announced that its revenue was lower than analysts’ forecasts.
The company stated that its total revenue was $ 566.0M with a gain of $ -4.09 per share, while the analyst estimates included in the surveys were $ -3.35 per share and total $ 683.61M revenue.
During the year, Expedia shares fell 21.45 percent. The Nasdaq index, where the stock is traded, saw an 18% increase.
