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Orbitz posts lower third quarter profit

Tuesday, 5 Nov 2013 | 8:20 AM ET

Nov 5 (Reuters) - Orbitz Worldwide Inc, the online travel agency, posted a lower quarterly profit on Tuesday, as costs rose.

Net income was nearly $13 million, or 11 cents a share, in the third quarter, compared with $14.8 million, or 14 cents a share, a year earlier.

Revenue was up 11 percent to $220.9 million.

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