expedia inc (EXPE) Key Developments
Expedia Inc., Orbitz Worldwide, Inc. - M&A Call
Feb 12 15
To discuss the acquisition
Expedia Inc. Declares Quarterly Cash Dividend, Payable on March 26, 2015
Feb 5 15
On February 5, 2015, Expedia Inc. announced that its Executive Committee, acting on behalf of its Board of Directors, has declared a quarterly cash dividend of $0.18 per share of outstanding common stock payable on March 26, 2015 to stockholders of record as of the close of business on March 10, 2015.
Expedia Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014
Feb 5 15
Expedia Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported revenue of $1,355.978 million compared to $1,152.015 million a year ago. Operating income was $94.706 million compared to $138.711 million a year ago. Income before income taxes was $87.996 million compared to of $120.461 million a year ago. Net income attributable to company was $65.969 million or $0.50 per diluted share compared to $94.717 million or $0.70 per diluted share a year ago. Adjusted EBITDA was $249.691 million compared to $242.996 million a year ago. Adjusted net income was $113.0 million or $0.86 per share compared to 125.3 million or $0.92 per share a year ago.
For the year, the company reported revenue of $5,763.458 million compared to $4,771.259 million a year ago. Operating income was $517.764 million compared to $366.060 million a year ago. Income before income taxes was $464.641 million compared to $300.693 million a year ago. Net income attributable to company was $398.097 million or $2.99 per diluted share compared to $232.850 million or $1.67 per diluted share a year ago. Net cash provided by operating activities from continuing operations was $1,366.959 million compared to $763.200 million a year ago. Capital expenditures, including internal-use software and website development were of $328.387 million compared to $308.581 million a year ago. Adjusted EBITDA was $1,024.788 million compared to $878.723 million a year ago. Adjusted net income was $528.1 million or $3.96 per share compared to $452.0 million or $3.22 per share a year ago.
Expedia Inc. Presents at The Goldman Sachs Technology & Internet Conference, Feb-11-2015 02:00 PM
Jan 29 15
Expedia Inc. Presents at The Goldman Sachs Technology & Internet Conference, Feb-11-2015 02:00 PM. Venue: Palace Hotel, 2 New Montgomery Street, San Francisco, California, United States. Speakers: Mark D. Okerstrom, Chief Financial Officer and Executive Vice President of Operations.
International SOS Expand Traveler Security Partnership
Jan 27 15
Expedia Inc. announced the beginning of a new phase in its relationship with International SOS. The companies expanded their partnership agreement to better assist Egencia customers in acquiring the traveler security services of International SOS. This new three-year commitment provides Egencia sales and account management teams with tools to accompany customers contracting with International SOS, and enjoy a seamless on-boarding experience for its best-in-class security services. Egencia has worked with International SOS, for many years by providing a direct data feed to International SOS that sends comprehensive and accurate traveler itinerary information to the security services company. This information helps International SOS monitor the movements of travelers - a necessary step for providing integrated medical assistance, international healthcare, security services and online travel risk mitigation solutions.