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Kayak mobile download momentum and profits

05/11/2012| 10:43:28 AM| 中文

Kayak turned a year-ago loss into a nearly $4.1 million profit during the first quarter of 2012 and saw downloads of its mobile apps soar 43%.

Kayak turned a year-ago loss into a nearly $4.1 million profit during the first quarter of 2012 and saw downloads of its mobile apps soar 43%.

In the latest update today to its IPO-related S-1/A statement, Kayak reported first quarter net income of some $4.1 million compared with a $6.9 million net loss in the first quarter of 2011.

Operating income in the first quarter was $8.1 million compared with an operating loss of $12 million during the same period in 2011.

Read full story at: http://www.tnooz.com/2012/05/08/news/kayak-mobile-download-momentum-and-profits/

TAGS: Kayak | IPO | financial results
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