Expedia Inc.’s third-quarter earnings rose 19 percent as the online travel agent’s growth in hotel revenue again offset weaker revenue from airline tickets.
But shares were down 6.5 percent at $27.20 after hours. Through Thursday’s close, the stock had risen 16 percent so far this year.
The company — which operates its namesake Web site, Hotels.com and Hotwire.com — said gross bookings rose 11 percent in the latest period, while transactions were up 9.4 percent.
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