priceline.com Inc. (PCLN: Quote) reported second quarter non-GAAP net income of $7.85 per share after the close Tuesday, up from $5.49 per share in the previous year. The consensus estimate was for EPS of $7.37. Third quarter non-GAAP EPS is expected to be between $11.10 and $12.10. The consensus estimate is for EPS of $12.82.
priceline.com has gapped open sharply lower Wednesday morning and is now down 98.34 at $581.46. The stock has plunged to over a 5-month low.
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by RTT Staff Writer
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