Summary
This 8-K filing from priceline.com Incorporated (now Booking Holdings Inc.) on November 2, 2001, reports on the company's financial results for the third quarter of 2001. The key takeaway for investors is the announcement that the company achieved a pro forma profit for the quarter. This marks a significant positive development, indicating a potential shift towards profitability and improved financial performance following a period of losses. The filing also includes a press release with a financial and statistical supplement, which provides further details on the quarterly earnings. Investors should note that this supplemental information is unaudited and intended to be read in conjunction with the company's official audited financial statements filed on Form 10-K and 10-Q. The report highlights the company's efforts to turn its financial performance around, which would be a crucial factor for investment decisions.
Key Highlights
- 1Priceline.com Incorporated announced its 3rd quarter 2001 earnings results on November 1, 2001.
- 2The company reported a pro forma profit for the third quarter of 2001.
- 3This filing is an 8-K Current Report, indicating a material event.
- 4The press release, including a financial and statistical supplement, is attached as Exhibit 99.1.
- 5The supplemental information is unaudited and should be considered alongside audited financial statements.
- 6Jeffery H. Boyd, President and Chief Operating Officer, signed the report.