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Expedia posts smaller loss for first quarter
May 1, 2014 / 8:15 PM / in 3 years

Expedia posts smaller loss for first quarter

May 1 (Reuters) - Online travel agency Expedia Inc on Thursday posted a smaller quarterly loss as it sold more hotel stays and airline tickets.

The company lost $14.3 million, or 11 cents a share, in the first quarter, compared with a loss of $104.2 million, or 77 cents a share, a year earlier.

Adjusted for items, Expedia earned 16 cents a share in the latest quarter. (Reporting by Karen Jacobs in Atlanta; Editing by Steve Orlofsky)

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