06-Nov-2009 3:17 PM
Orbitz announce 3Q2009 financial results
Direct News Source
Net income was $7 million for the quarter compared with a net loss of $287 million for the third quarter of 2008, adjusted EBITDA for the quarter was $44 million, an increase of 2 percent from the third quarter of 2008, adjusted EBITDA margin increased to 24 percent for the quarter, from 18 percent for the third quarter of 2008, reflecting the company's ongoing focus on improving marketing efficiency and aggressively managing operating costs
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