Boston, MA 05\/30\/2014 (wallstreetpr) \u2013\u00a0<\/b>HomeAway, Inc. (NASDAQ:AWAY)<\/b>, an exquisite online marketplace catering to the vacation rental industry, announced its holistic quarterly performance statistics on April 24, 2014.<\/p>\n
Q1 Snapshot<\/i><\/b><\/p>\n
The company notched up earnings of $0.05 per share, in Q1-2014. AWAY garnered revenues amounting to $105.70 million last quarter. In 2013, the company had posted $0.14 EPS during the first quarter. Quarterly revenues have soared up a whopping 33% on a year-over-year basis.<\/p>\n
Into The Future<\/i><\/b><\/p>\n
HomeAway, Inc. (NASDAQ:AWAY) also \u00a0shared a detailed outlook on how the Q2 would fare; incidentally, the company depicted that revenues would grow to a gamut of $109.0 and $111.0 million. Adjusted EBITDA is deemed to be somewhere between $28.0 and $29.0 million. Backed by strong Q1, and good business endeavors till date, the company expects to witness a surge in its FY 2014 net revenues within a scope of $435.0 and $442.5 million. Net EBITDA throughout FY 2014-15 is expected to be between $117.0 and $122.5 million.<\/p>\n
COO Sells 2083 Shares<\/i><\/b><\/p>\n
Lately, on May 21, 2014, COO of AWAY Brent Bellm sold 2.083K shares from the common stock in an open market transaction. Priced at $31.02\/share, the entire quota of shares were transacted for a voluminous $64,614.66. After the successful sell-out, the COO owns 89,792 of the common shares; the entire lot is valued at $2,785,348, at the current pricing!<\/p>\n
Objective Behind The Sell-Out!<\/i><\/b><\/p>\n
It is now clear that HomeAway, Inc. (NASDAQ:AWAY) is trying to pour out larger numbers of shares for investors to buy and transact. Guided by a phenomenal Q1 and backed by the company\u2019s expectations based on the nature of business in store, the investors might just be lured to buy more shares!<\/p>\n
Will Conviction Reap Investments?<\/i><\/b><\/p>\n
Perhaps, with the immense conviction that the company has shown on its endeavors, the investors would rightly mull on buying the company shares, after holding on for a few more days. The rising concern, off late, is a significant dip in the financial efficiency ratios! Certainly, there is risk involved; however, the investments are deemed to trigger out of the arsenal quite soon!<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 05\/30\/2014 (wallstreetpr) \u2013\u00a0HomeAway, Inc. (NASDAQ:AWAY), an exquisite online marketplace catering to the vacation rental industry, announced its holistic quarterly performance statistics on April […]<\/p>\n","protected":false},"author":13,"featured_media":15813,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[4696,4697],"stock_ticker":[],"class_list":["post-24153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-homeaway-inc-nasdaqaway","tag-nasdaqaway","entry"],"acf":[],"yoast_head":"\n