Home Page
KPUA Program Schedule
Election Coverage

Today's KPUA Program Schedule:
Click here for showtimes
& complete program lineup.


National News
World News
Sports
Business
Strange Reports
Entertainment
NCAA Tournament
San Francisco Giants
San Francisco 49ers
Oakland Raiders
University of Hawaii
ESPN
KWXX
B-97
KPUA
1145 Kilauea Ave
Hilo, Hawaii 96720
PH: 808 935-5461
FAX: 808 935-7761

Hilo, Hawaii News, Sports, & Information Wednesday, December 17, 2014



Back to Hawaii News index




Posted: Wednesday, February 6th, 2013 9:29 AM HST

Expedia 4Q profit plunges 90 percent on charges

By Associated Press

BELLEVUE, Wash. (AP) Online travel agency Expedia says revenue rose in the fourth quarter on strong hotel bookings but profit dropped 90 percent because of money set aside for a tax dispute in Hawaii.

Expedia Inc. said Tuesday that it earned $6.7 million in 2012's final three months, down from $70.3 million in the fourth quarter of 2011.

The company says that without the Hawaiian tax issue and other one-items, it would've earned 63 cents per share. FactSet says that analysts, who exclude items, were expecting 65 cents per share.

Revenue was up 24 percent to $974.9 million.

Expedia's shares were up $2.34, or 3.6 percent, to $67.50 in regular trading, and gained another $2.92, or 4.3 percent, to $70.42, in the first few minutes of extended trading after the report.



National News
World News

Sports
Business

Strange Reports
Entertainment