Orbitz Worldwide declined to a new low after reporting fourth quarter loss of $11 million compared to $5 million a year ago. Revenues in the quarter rose 10% to $197 million and Losses per share were 13 cents. Net revenue for the year ended 2007 increased 14% to $859 million versus $752 million in 2006. Full year net loss declined to $85 million in 2007 compared to a net loss of $146 million in 2006.
Net loss for the year 2007 was $5.2 million, or $0.19 per fully diluted share, from $40.2 million, or $1.46 per fully diluted share, in 2006. Total revenue for 2007 was $424.6 million, compared with $497.7 million in 2006.
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