Indian online travel site MakeMyTrip (MMYT) gains 9.3% after reporting FQ2 EPS of $0.04, beating...

|About: MakeMyTrip Limited (MMYT)|By:, SA News Editor

Indian online travel site MakeMyTrip (MMYT) gains 9.3% after reporting FQ2 EPS of $0.04, beating consensus by a penny. Revenue rose 83% Y/Y to $43.8M, fueled by an 85% increase in Air Ticketing revenue, and an 83% increase in Hotel & Packages revenue. The company is reaffirming its FY12 revenue guidance of $86M-$89M.