Serko cuts revenue forecast for second time

Wed, 19 Aug 2015

By Paul McBeth Aug. 19 (BusinessDesk) - Serko, the online travel booking firm, has downgraded its revenue outlook for a second time as a slowing Australian economy weighs and after a number of contracts were delayed. The announcement, at the annual meeting, came hours after Serko posted an upbeat announcement about a new relationship with booking website Expedia and its share price rose from a record low. The Auckland-based company expects revenue of between $6.3 million and $7 million in the six months ending Sept. 30, down from its f...

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