TripAdvisor, Priceline Soar As Web Travel Outperforms

By | February 12, 2014

Scalper1 News

Online travel agents have fallen to No. 42 from No. 8 three months ago, but made sharp gains Wednesday amid a lift by TripAdvisor (TRIP). The user-review travel site said it earned 21 cents a share ex-items in the fourth quarter, down 28% from last year but in line with views. Revenue rose 26% to $212.2 million, well over views for $205.4 million. That marked the second straight quarterly profit decline for TripAdvisor as it shifts to a metasearch Scalper1 News

Scalper1 News