Seeking Alpha

Bookings growth strong at Priceline

  • Priceline (PCLN) saw revenue and profit jump considerably in Q1 as the acquisition of Kayak contributed and international bookings were strong.
  • Gross bookings +34% Y/Y to 12.28B.
  • International bookings +37% Q/Q to 10.64B
  • Domestic bookings +19% Q/Q to 1.64B.
  • PCLN +0.6% premarket
Comments (2)
  • Mark Krieger
    , contributor
    Comments (4333) | Send Message
     
    why are the shares underperforming today?
    8 May 2014, 12:35 PM Reply Like
  • trento
    , contributor
    Comments (17) | Send Message
     
    Guidance was below estimates.
    9 May 2014, 02:25 AM Reply Like
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