Name-your-own-price site Priceline on Thursday reported a sharp jump in revenue as travel bookings spiked 38 percent.
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"We are particularly pleased by the group's steady hotel-room night growth and improving rental-car unit growth, and with the growing momentum at the U.S. business of priceline.com," Priceline Group's CEO Jeffery H. Boyd said in a statement.
Net income rose 24 percent to $437.3 million, or $8.39 a share, from $352.3 million, or $6.88 a share, in the year-earlier period.
Excluding items, earnings shot up to $9.70 per share from $7.85 a share a year ago.