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HomeAway, Inc. Reports Second Quarter 2013 Financial Results

Business Outlook

HomeAway management currently expects to achieve the following results for third quarter ending September 30, 2013 and the year ending December 31, 2013:

Third Quarter 2013
  • Total revenue is expected to be in the range of $88.6 to $89.6 million.
  • Adjusted EBITDA is expected to be in the range of $26.6 to $27.1 million.

Full Year 2013
  • Total revenue is expected to be in the range of $339.0 to $341.0 million.
  • Adjusted EBITDA is expected to be in the range of $96.5 to $98.0 million.

The above statements are based on current expectations and actual results may differ materially as explained in the "Cautionary Statement Regarding Forward-looking Statements" below. Information about HomeAway's use of non-GAAP financial measures and key business metrics is provided below under the captions "Use of Non-GAAP Financial Measures" and "Use of Key Business Metrics."

Conference Call & Webcast Information

HomeAway will host a conference call to review and discuss its second quarter 2013 results and the agreement to acquire travelmob today at 4:30 p.m. Eastern Time / 3:30 p.m. Central Time. To participate in the conference call, investors should join ten minutes prior to the scheduled start time. Callers in the United States and Canada should join by dialing (877) 407-0784, passcode 416920. Callers outside the United States and Canada should join by dialing (201) 689-8560, passcode 416920. In addition, a live webcast of the call will be accessible through the Investor Relations section of HomeAway's website at http://investors.homeaway.com and will be archived online for 60 days upon completion of the conference call. For those unable to participate during the live broadcast, a telephonic replay of the call will also be available from 7:30 p.m. Eastern Time / 6:30 p.m. Central Time on July 25, 2013 until 11:59 p.m. Eastern Time / 10:59 p.m. Central Time on August 8, 2013 by dialing (877) 870-5176, passcode 416920, in the United States and Canada or (858) 384-5517 outside the United States and Canada, passcode 416920.

About HomeAway

HomeAway, Inc. based in Austin, Texas, the world's leading online marketplace for the vacation rental industry, with sites representing over 775,000 paid listings of vacation rental homes in 171 countries. Through HomeAway, owners and property managers offer an extensive selection of vacation homes that provide travelers with memorable experiences and benefits, including more room to relax and added privacy, for less than the cost of traditional hotel accommodations. The company also makes it easy for vacation rental owners and property managers to advertise their properties and manage bookings online. The HomeAway portfolio includes the leading vacation rental websites HomeAway.com, VRBO.com and VacationRentals.com in the United States; HomeAway.co.uk and OwnersDirect.co.uk in the United Kingdom; HomeAway.de in Germany; Abritel.fr and Homelidays.com in France; HomeAway.es and Toprural.es in Spain; AlugueTemporada.com.br in Brazil; and HomeAway.com.au in Australia. HomeAway signed an agreement to acquire Asia Pacific short-term rental site, travelmobâ„¢ on July 16, 2013.

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