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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (25261)2/5/2003 4:12:34 PM
From: Bid Buster  Respond to of 57110
 
Expedia, Inc. Reports Fourth Quarter Financial Results and Announces Stock Repurchase Plan and Stock Split
Wednesday February 5, 4:06 pm ET
- Quarterly gross bookings of $1.38 billion, up 96% year over year - Net revenue of $164 million, up 100% - Net income of $21 million, 33 cents a share versus 8 cents per share a year-ago - Adjusted earnings of $31 million or 48 cents a share - Budgeted 2003 revenue growth of 43%, pre-tax income growth of 62% and adjusted pre-tax income growth of 42% - Board authorizes stock repurchase program of up to $200 million - Board authorizes two-for-one stock split