Ctrip -4% AH after Q2 beat, in-line guidance

|By:, SA News Editor

Ctrip (NASDAQ:CTRP) expects Q3 revenue to be up 30%-35% Y/Y. That's in-line with a 32.8% consensus.

Q2 transportation ticket revenue +39% Y/Y to $117M, hotel reservation revenue +47% to $121M, packaged tours +10% to $33M, corporate travel +37% to $15.

Mobile app downloads rose 60% Q/Q to 200M, and mobile transaction value has more than tripled Y/Y.

Q2 results, PR