Entering text into the input field will update the search result below

HomeAway -12% on Q1 miss, soft guidance; forex, Europe blamed

Apr. 23, 2015 6:01 PM ETAmplify Travel Tech ETF (AWAY)By: Eric Jhonsa, SA News Editor
  • In addition to missing Q1 estimates, HomeAway (NYSEARCA:AWAY) is guiding for Q2 revenue of $122M-$124M (+7-9% Y/Y, below a $129.6M consensus) and full-year revenue of $493M-$500M (+10-12% Y/Y, below a $513.2M consensus and prior guidance of $510M-$520M). Also: Full-year adjusted EBITDA guidance has been cut to $119M-$123M from $122M-$130M.
  • The vacation rentals platform blames a strong dollar (expected to have a $40M 2015 revenue impact) and "lowered expectations for our European subscription business." The numbers could raise fresh questions about Airbnb's impact.
  • Shares have dived to $28.30 AH. The 52-week low is $25.13.
  • Q1 results, PR

Recommended For You

More Trending News

About AWAY ETF

SymbolLast Price% Chg
Expense Ratio
Div Frequency
Div Rate (TTM)
Yield (TTM)
Assets (AUM)
Compare to Peers

Related Stocks

SymbolLast Price% Chg
AWAY--
Amplify Travel Tech ETF