Thursday, November 24, 2011

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

kayakAs 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.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/P_SzvbZ7eQk/

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