Key Developments: eLong Inc (LONG.W)
14.80USD
2 May 2013
$0.30 (+2.07%)
$14.50
$14.90
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$14.80
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$18.42
$11.56
Latest Key Developments (Source: Significant Developments)
Elong Inc Issues Q2 2013 Revenue Guidance Below Analysts' Estimates
Elong Inc announced that for the second quarter of 2013, it expects net revenues to increase by 15% to 25% compared to the second quarter of 2012. The Company reported revenue of $31.02 million in the second quarter of 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $41.13 million for the second quarter of 2013. Full Article
Elong Inc Issues Q1 2013 Revenue Guidance In Line With Analysts' Estimates-Conference Call
Elong Inc announced that for the first quarter of 2013, it expects net revenue growth of 20% to 30% year-on-year. The Company reported revenue of $26.03 million in the first quarter of 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $32.60 million for the first quarter of 2013. Full Article
eLong Issues Q4 2012 Revenue Guidance In Line With Analysts' Estimates
eLong announced that it expects net revenues for the fourth quarter of 2012 to increase by 15% to 25% compared to the fourth quarter of 2011. The Company reported revenue of $26.72 million in the fourth quarter of 2011. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $31.27 million for the fourth quarter of 2012. Full Article
eLong, Inc. and Expedia, Inc. Expand Global Travel Partnership
eLong, Inc. and Expedia, Inc. announced a new agreement that expands global hotel booking options for consumers. The agreement outlines terms for enhanced collaboration between eLong and Expedia, more best practice and knowledge sharing as well as strategic cooperation on potential merger and acquisition activity. The agreement also allows Expedia to increase its presence in the Chinese market by amending certain non-competition provisions previously entered into in connection with Expedia's investment in eLong. Under the agreement, Expedia will make an initial payment of $7 million and a subsequent payment to eLong in November 2015 based on a revenue-sharing arrangement between the parties. The agreement was approved by the Independent Directors of eLong. Full Article
Elong Inc Issues Q3 2012 Revenue Guidance Below Analysts' Estimates-Conference Call
Elong Inc announced that it expects expect third quarter 2012 net revenue growth of 10% to 20% year-on-year. The Company reported revenue of $27.46 million in the third quarter of 2011. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report $33.45 for the third quarter of 2012. Full Article
eLong, Inc. Announces Share Repurchase Program
eLong, Inc. announced that the Executive Committee of the Board of Directors of eLong, Inc. acting on behalf of the Company's Board of Directors, has approved a new share repurchase program. Under the repurchase program, the Company may purchase ordinary shares of the Company, including American depositary shares (ADSs), with a total value at the time of purchase of up to USD30 million. The Company currently expects to fund the repurchases out of its cash on hand. The repurchase program is for an indefinite period, and does not obligate the Company to purchase a particular number of shares during any period. In addition, the Company may modify, suspend or terminate the program at any time. Share repurchases may be effected in the open market and/or pursuant to privately negotiated transactions. Full Article
eLong, Inc. Issues Q2 2012 Revenue Guidance
eLong, Inc. announced that it expects net revenues for the second quarter of 2012 to increase by 20% to 30% compared to the second quarter of 2011. Full Article
eLong, Inc. Issues Q1 2012 Revenue Guidance
eLong, Inc. announced that it expects net revenues for the first quarter of 2012 to increase by 15% to 25% compared to the first quarter of 2011. Full Article
Expedia, Inc. Acquires Stake in eLong, Inc. from Renren Inc.
Expedia, Inc. and Renren Inc. announced that Renren has sold its investment in eLong, Inc. ("eLong") to Expedia for approximately $72.4 million , or $23 per ADS. Full Article
eLong, Inc. Issues Q4 2011 Revenue Guidance
eLong, Inc. announced that it expects net revenues for the fourth quarter of 2011 to be within the range of RMB143 million to RMB155 million. Full Article
Earnings vs. 
Estimates
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