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Wednesday, 08/22/2012 5:27:40 PM

Wednesday, August 22, 2012 5:27:40 PM

Post# of 531
KYAK (+11%) Kayak's Profits Rises as Revenue Jumps 36%

Published: Wednesday, 22 Aug 2012
By: Reuters

Kayak Software reported a higher quarterly profit as the travel search website gained from a 36 percent rise in revenue from online tour agencies.

Kayak's [KYAK 30.80 3.07 (+11.07%)] net income in the second quarter rose to $7.3 million, or 19 cents per share, from $3.8 million, or 10 cents per share, a year earlier.


Revenue rose to $76.9 million.

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