Walt Mossberg – For iPad and Mobile Devices, a “Port” out of the Norm
Priceline (PCLN) this morning posted better-than-expected Q1 results, and provided stronger-than-expected guidance for the second quarter.
For Q1, the online travel agency posted revenue of $462.1 million and non-GAAP EPS of $1.09 a share; the Street had been expecting $440.8 million and 91 cents. Revenues were up 14.6 percent year over year. Bookings were $1.9 billion, up 10.5 percent versus a year ago.
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