HomeAway Q1 Profit Shrinks - Quick Facts

(RTTNews) - HomeAway, Inc. (AWAY) Thursday reported first-quarter profit of $4.4 million or $0.05 per share, down from $5.3 million or $0.06 per share in the same period last year.

Adjusted earnings for the quarter were $13.2 million or $0.14 per share. On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.14 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 33.0 percent to $105.7 million from $79.5 million last year. Analysts expected revenues of $102.56 million.

Looking ahead to the second quarter, the company has forecast revenues in the range of $109.0 million to $111.0 million. Analysts currently expect second-quarter revenues of $108.17 million.

For the fiscal 2014, revenues are projected in a range of $435.0 million to $442.5 million. Analysts currently expect full-year revenues of $433.69 million.