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.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.