Key Developments For TRX, Inc.
TRX, Inc. (TRXI.O) (Consolidated Issue listed on NASDAQ Capital Market)
TRX Inc. Raises FY 2009 Guidance
TRX Inc. raised its fiscal 2009 guidance and expects revenues of approximately $57 million, adjusted EBITDA of approximately $6 million.
TRX Inc. Raises FY 2009 Adjusted EBITDA Guidance
TRX Inc. announced an increase of its adjusted EBITDA guidance for fiscal 2009 by 10%, to $5.5 million.
TRX Inc. Expands Relationship With Orbitz For Business International
TRX Inc. announced a new agreement to provide fulfillment services in the Asia Pacific market for Orbitz for Business International (OFBi). TRX will provide international ticketing, fulfillment and support services for OFBi's corporate customers in Australia, New Zealand, Hong Kong, and other adjacent markets. Under the multi-year arrangement, TRX will automate quality control and ticketing for all OFBi travel bookings, exception processing and fulfillment services.
The State of West Virginia Signs Five-Year Deal With TRX Inc. For Integrated Booking And Expense Management Services
TRX Inc. announced that the State of West Virginia has signed a five year agreement to use TRX's RESX Online Booking solution featuring a seamless integration with DATABASIC's ExpenSite expense reporting service as its travel and expense management solution. Beginning in September, TRX will support the State of West Virginia's travel program that represents more than 40,000 travelers state-wide. Under the agreement, TRX and DATABASICS will provide an integrated travel and expense reporting solution that will offer a seamless user experience from pre-trip authorization and travel booking to expense reporting, receipt management and analytics in a single, secure environment.
TRX Inc. Issues FY 2009 Guidance
TRX Inc. announced that for fiscal 2009, it expects revenue of approximately $56 million and adjusted EBITDA of approximately $5 million.
