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Stockreport

Malaysia's AirAsia swings to third-quarter net loss [Reuters]

Expedia Group, Inc. (EXPE)  More Company Research Source: Reuters
Last expedia group, inc. earnings: 2/13 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: expediainc.com/contact-investor-relations
Malaysia's AirAsia swings to third-quarter net loss KUALA LUMPUR (Reuters) - Malaysia’s flagship budget airline flipped to a loss in its third-quarter, dragged down by a writedown in the fair value of some derivatives and foreign exchange fluctuations. It posted a net loss of 51.4 million ringgit ($12.3 million) for the three-month period ended September, from 915.9 million ringgit net profit in the year ago period. Revenue was 17.5% higher at 3.1 billion ringgit, however. In a filing to the bourse, it also recorded a depreciation of right of use of asset, and finance costs for lease liabilities during the quarter. Among its non-airline businesses, travel and lifestyle arm AirAsia.com and financial services unit BigPay also recorded wider losses. Cost per unit during the period rose 11% mainly due to increases in maintenance and overhaul, user charges and other operating expenses. AirAsia recorded one-off gains in the corresponding period last year from the disposal of its remaining s [Read more]

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Stockreport

Malaysia's AirAsia swings to third-quarter net loss [Reuters]

Expedia Group, Inc.  (EXPE) 
Last expedia group, inc. earnings: 2/13 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: expediainc.com/contact-investor-relations
Malaysia's AirAsia swings to third-quarter net loss KUALA LUMPUR (Reuters) - Malaysia’s flagship budget airline flipped to a loss in its third-quarter, dragged down by a writedown in the fair value of some derivatives and foreign exchange fluctuations. It posted a net loss of 51.4 million ringgit ($12.3 million) for the three-month period ended September, from 915.9 million ringgit net profit in the year ago period. Revenue was 17.5% higher at 3.1 billion ringgit, however. In a filing to the bourse, it also recorded a depreciation of right of use of asset, and finance costs for lease liabilities during the quarter. Among its non-airline businesses, travel and lifestyle arm AirAsia.com and financial services unit BigPay also recorded wider losses. Cost per unit during the period rose 11% mainly due to increases in maintenance and overhaul, user charges and other operating expenses. AirAsia recorded one-off gains in the corresponding period last year from the disposal of its remaining s [Read more]

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EXPE
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Price Change %
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Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
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Multi-day stock performance from the time of the news release
LAST PRICE
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Low:
MAX DOWN
Low:
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POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


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%

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%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
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PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS