HomeAway Inc. (AWAY) reported that its second-quarter net income increased to $5.5 million, or $0.06 per share, from $2.9 million, or $0.03 per share, in the second quarter of 2012. Adjusted net income was $14.0 million, or $0.16 per share, compared to $9.5 million, or $0.11 per share, in the second quarter of 2012.
On average, 14 analysts polled by Thomson Reuters expected the company to report profit of $0.14 per share for the quarter. Analysts’ estimates typically exclude special items. Total revenue increased 20.9% to $86.6 million from $71.6 million in the second quarter of 2012. Analysts expected revenue of $85.72 million for the quarter.
The company expects its third-quarter total revenue to be in the range of $88.6 million to $89.6 million. Analysts expect the company to report third-quarter revenue of $87.84 million.
The company expects its full year 2013 total revenue to be in the range of $339.0 million to $341.0 million. Analysts expect the company to report full year revenue of $339.99 million.
For comments and feedback: contact firstname.lastname@example.org. Published by HT Syndication with permission from RTT News. For any query with respect to this article or any other content requirement, please contact Editor at email@example.com