SunTrust Downgrades HomeAway (AWAY) to Neutral

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HomeAway, Inc. Reports Third Quarter 2015 Financial Results and Agrees to Acquisition by Expedia, Inc.

November 4, 2015 4:03 PM EST

Announces addition of a traveler service fee to be launched in first half of 2016 Total revenue of $130.7 million, up 11.6% year-over-year (19.8% FX neutral) Adjusted EBITDA of $40.2 million, up 27.2% year-over-year (39.7% FX neutral) Online bookable listings of approximately 665,000, up 96.8% year-over-year

AUSTIN, Texas, Nov. 4, 2015 (GLOBE NEWSWIRE) -- HomeAway, Inc. (NASDAQ: AWAY), the world's leading online marketplace for the vacation rental industry, today announced its financial results for the third quarter ended September 30, 2015. The company also announced that it has entered into a definitive agreement under which Expedia, Inc. (NASDAQ:... More