HomeAway beats on revenue and earnings, then gets beat down by investors

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Jul. 26, 2013

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Vacation rental website HomeAway reported 20.9 percent year-over-year revenue growth Thursday and also beat analysts’ earnings expectations, only to see the company’s share price plunge 7 percent in trading Friday as investors expecting stronger growth bailed, Investor’s Business Daily reports. ...

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