Seeking Alpha

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

  • 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
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