Shares Of OpenTable Are Getting Murdered


Photo: flicker: Robert Scoble

Shares of OpenTable, the company that lets you set up reservations to restaurants electronically, are getting murdered after reporting earnings.The stock is down about 20%.

Via Bloomberg, here are the key numbers. Mostly it’s the outlook very weak:

  • Q1 earnings beat expectations at $.40 vs. expectations of $0.34.
  • Q2 EPS, however, are seen at just $.36-$0.39, vs expectations of $0.37
  • Full year revenue is seen at just $158-$164 million vs. expectations of $168.5 million.
  • Full year EPS is seen at $1.49-$1.64 vs. estimates of $1.54

The full announcement is here.

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