Expedia (NASDAQ: EXPE) reported Q2 EPS of $0.89, $0.05 better than the analyst estimate of $0.84. Revenue for the quarter came in at $1.66 billion versus the consensus estimate of $1.66 billion.

• Room night growth excluding eLong™ accelerated to 35% year-over-year, with domestic and international room nights growing 24% and 50% year-over-year, respectively.
• Gross bookings excluding eLong increased 20% and revenue excluding eLong increased 15% year-over-year. Excluding the impact of foreign exchange, gross bookings increased 28% and revenue increased 25% year-over-year.
• Strong performance in the Core OTA segment drove growth in Expedia® excluding eLong Adjusted EBITDA(1) of 12% year-over-year.
• Advertising & Media business excluding eLong delivered over $515 million in net revenue on a trailing twelve months basis, an increase of 27% year-over-year, driven by growth in trivago and Expedia Media Solutions.
• During the second quarter of 2015, Expedia added nearly 27,000 properties to its global supply portfolio, which now stands at approximately 257,000 properties available on Expedia, Inc. sites.
• In May 2015, Expedia sold its 62.4% equity stake in eLong, Inc. (“eLong”) for approximately $671 million to several purchasers including Ctrip.com International, Ltd. (“Ctrip”) and Expedia and Ctrip also reached agreement on cooperation for certain travel products in specified geographic markets.
• In June 2015, Expedia, Inc. issued €650 million senior notes that are due in June 2022 and bear interest at a rate of 2.5% per annum. Subsequent to quarter end, the Executive Committee of Expedia’s Board of Directors approved a 33% increase in the cash div

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