Summary
This 8-K filing from priceline.com Incorporated (now Booking Holdings Inc.) on July 31, 2001, announces the company's financial results for the second quarter of 2001. The most significant piece of information for investors is the announcement that the company achieved its first-ever profit during this quarter. This marks a critical milestone for the online travel agency, indicating a potential shift towards profitability after a period of growth and investment. The filing includes a press release with a financial and statistical supplement detailing these results. While the supplement is unaudited, it provides key insights into the company's performance and financial position. Investors should pay close attention to the details within the press release and supplement to understand the drivers behind this profitability and the company's outlook.
Key Highlights
- 1Priceline.com Incorporated reported its second quarter 2001 earnings results.
- 2The company achieved its first ever profit in the second quarter of 2001.
- 3This 8-K filing incorporates by reference a press release and financial/statistical supplement issued on July 31, 2001.
- 4The provided financial supplement is unaudited and intended as supplementary information.
- 5Jeffery H. Boyd, President and Chief Operating Officer, signed the report on behalf of priceline.com Incorporated.