BELLEVUE, Wash. -- Expedia reported a 115% revenue increase
year-over-year to $76 million in the quarter that ended Sept. 30,
its fiscal year 2001 first quarter.
In addition, its net loss was $1.6 million while gross travel
bookings jumped 108% year-over-year to $467 million.
Expedia said it expects its operating loss to increase in the
next quarter because of increased investments in sales and
marketing.