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Expedia (EXPE) shares are taking off late Thursday as the online travel agency’s second-quarter results came out ahead of consensus views and said room night growth accelerated year over year. Adjusted earnings fell 13.6% to 89 cents a share, 4 cents above analyst estimates. Revenue grew 11% to $1.662 billion from last year, slightly above forecasts for $1.659 billion. Minus the impact of the strong dollar, revenue rose 25%, said the company. Expedia Scalper1 News
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