Home > Home > With IPO On Hold, Kayak Reports Q3 Revenue Up 28 Percent To $61M; Net Income Up 44 Percent

With IPO On Hold, Kayak Reports Q3 Revenue Up 28 Percent To $61M; Net Income Up 44 Percent

11/28/2011| 9:42:32 AM| 中文

Kayak filed its S-1 for a public offering nearly a year ago. Today, the company just filed a new S-1 with its revenue numbers from the third quarter ended September 30, 2011.

As AllThingsD reported in September, travel search engine Kayak has put its IPO on hold until market conditions improve. Kayak filed its S-1 for a public offering nearly a year ago. Today, the company just filed a new S-1 with its revenue numbers from the third quarter ended September 30, 2011.

During the most recent quarter, Kayak posted $61.16 million in revenue, up 28 percent from the same quarter in 2010. The company also increased revenue slightly from the second quarter 2011, which came in at $56.7 million.

Net income for the third quarter 2011 was $12.7 million, up 44 percent from the same quarter in 2010, in which net income was $8.7 million. Profits were up from $5.7 million in the second quarter of 2011.

Read full story at: http://techcrunch.com/2011/11/23/with-ipo-on-hold-kayak-reports-q3-revenue-up-28-percent-to-61m-net-income-up-44-percent/

TAGS: Kayak | IPO | Financial report
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