Expedia Q4 Earnings, Revenue Miss On Currency, China

By | February 6, 2015

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Expedia (EXPE) stock was down 8% in after-hours trading Thursday after the online travel agency issued Q4 earnings that missed analyst forecasts due to adverse currency trends, large investments and EBITDA losses at the company’s eLong China travel unit. “Our Q4 results were negatively impacted by currency trends,” Expedia CFO Mark Okerstrom said in an earnings conference call with analysts. CEO Dara Khosrowshahi said on the call that Scalper1 News

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