Travel search giant Kayak just posted new revenue numbers for the fourth quarter and full year 2011
in a new S-1 filing with the SEC. As we
heard last September, Kayak put its IPO plans on hold until market conditions improve. Now that the markets are more stabilized, it should be interesting to see when Kayak makes the push to become a public company. For the year Kayak generated $224.5 million of revenues, up 32 percent from 2010. Net income for the year was $9.7 million, up 21 percent from 2010's net income of $8 million For the fourth quarter, Kayak saw a 27 percent increase in quarterly revenue, posting $53.9 million in Q4 2011 sales. In contrast, revenue
grew 28 percent in the third quarter.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/EC0M1RSOFzk/
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