Wednesday, August 22, 2012

Kayak First Post-IPO Earnings Is A Mix: $76.9 Million Sales Beats Expectations, $.19 EPS Falls Short

kayak-1Online travel search engine Kayak today posted its financial results for the second quarter of 2012, its first earnings report as a public company since its well-received initial public offering last month. It was a mixed report -- its top-line sales were better than had been projected, but its earnings per share were well under what Wall Street had expected from the company.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/WCOOafiWczI/

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