Eyeing An IPO, Kayak 2011 Revenue Up 32 Percent To $225M; Net Income Up 21 Percent

Travel search giant Kayak just posted new revenue numbers for the fourth quarter and full year 2011 in a new S-1 filing with the SEC. As we heard last September, Kayak put its IPO plans on hold until market conditions improve. Now that the markets are more stabilized, it should be interesting to see when Kayak makes the push to become a public company. For the year Kayak generated $224.5 million of revenues, up 32 percent from 2010. Net income for the year was $9.7 million, up 21 percent from 2010's net income of $8 million For the fourth quarter, Kayak saw a 27 percent increase in quarterly revenue, posting $53.9 million in Q4 2011 sales. In contrast, revenue grew 28 percent in the third quarter.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/EC0M1RSOFzk/

apple update download ios 5 pokey find my mac gumby derrick mason derrick mason