DALLAS Feb. 5, 2003 Hotels.com (Nasdaq:ROOM), the largest specialized provider of discount lodging worldwide, today announced its final results for the 4th quarter and full year 2002. Preliminary results were released on January 6, 2003
Full Year 2002 vs. Full Year 2001:
-- Revenue: $945.4 mm, up 76%
-- Operating Income: $105.5 mm, up 567%
-- Net Income: $72.1 mm, up 459%
-- EPS: $1.23, up 446%
-- Adjusted EBITDA: $130.6 mm, up 60%
-- Adj. Net Income: $87.7 mm, up 52%
-- Adjusted EPS: $1.50, up 49%
-- Merchant room nights: 7.84 mm, up 85%
Q4 2002 vs. Q4 2001:
-- Revenue: $272.6 mm, up 92%
-- Operating Income: $25.9mm, up 395%
-- Net Income: $17.7 mm, up 269%
-- EPS: $0.30, up 261%
-- Adjusted EBITDA: $32.5 mm, up 42%
-- Adj. Net Income: $21.8 mm, up 40%
-- Adjusted EPS: $0.37, up 37%
-- Merchant nights: 2.23 mm, up 88%
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