July 31 Online travel agency Expedia Inc reported a 36 percent rise in quarterly profit, driven by higher bookings for hotel rooms and airline tickets.
The company's net profit rose to $85.9 million, or 67 cents per share, for the second-quarter ended June 30 from $63 million, or 51 cents per share, a year earlier. (bit.ly/Xl6dto)
Excluding items, Expedia earned $1.03 per share.
Revenue rose 24 percent to $1.49 billion. (Reporting by Rohit T. K. in Bangalore; Editing by Sriraj Kalluvila)