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Orbitz posts lower quarterly profit
August 8, 2013 / 12:22 PM / in 4 years

Orbitz posts lower quarterly profit

Aug 8 (Reuters) - Orbitz Worldwide Inc, an online travel agency, reported a lower quarterly profit on Thursday as it wrote off financing fees.

Net income was $561,000, or nil per share, in the second quarter, compared with $4.6 million, or 4 cents a share, a year earlier.

The company said results included an $18.1 million write-off of deferred financing fees and other refinancing costs.

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