OpenTable’s quarterly results beat estimates

(Reuters) – U.S. online restaurant reservation service provider OpenTable Inc reported quarterly results that beat analysts’ estimates, helped by an increase in the number of seated diners. Net income rose 7 percent to $ 7.5 million, or 32 cents per share, in the fourth quarter from a year earlier. Excluding items, the company earned 46 cents per share, 3 cents above analysts’ average estimates. Revenue at the company, which helps users reserve tables at restaurants through its website and mobile apps, increased 16 percent to $ 43 million, slightly above the average analyst estimate of $ 42. …

Full Story Via Internet News Headlines – Yahoo! News

Comments are closed.