* Q4 adj EPS $0.33 vs est $0.22
* Revenue up 61 pct to $30.8 mln
Feb 8 (Reuters) - OpenTable Inc, the restaurant reservation platform, posted a fourth-quarter profit that beat estimates, buoyed by a surge in revenue from its reservation solutions segment.
For the quarter ended Dec. 31, net income was $5.1 million, or 21 cents per share, compared with $3.1 million, or 13 cents per share, a year ago.
Excluding items, the San Francisco-based company earned 33 cents a share.
Revenue rose 61 percent to $30.8 million. Reservation revenue rose 80 percent to $15.4 million.
Analysts on an average were expecting the company to earn 22 cents a share on revenue of $30.2 million, according to Thomson Reuters I/B/E/S.
OpenTable generates most of its revenue from its restaurant customers. The company's revenue includes monthly subscription fees and a fee for each restaurant guest seated through online reservations.
OpenTable's shares, which have risen over 25 percent in the last three months, closed at $85.28 on Nasdaq on Tuesday. They fell less than a percent to $84.99 in extended trade.
(Reporting by Abhiram Nandakumar in Bangalore; Editing by Roshni Menon) Keywords: OPENTABLE/ (abhiram.nandakumar@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: abhiram.nandakumar.thomsonreuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Revenue up 61 pct to $30.8 mln
Feb 8 (Reuters) - OpenTable Inc, the restaurant reservation platform, posted a fourth-quarter profit that beat estimates, buoyed by a surge in revenue from its reservation solutions segment.
For the quarter ended Dec. 31, net income was $5.1 million, or 21 cents per share, compared with $3.1 million, or 13 cents per share, a year ago.
Excluding items, the San Francisco-based company earned 33 cents a share.
Revenue rose 61 percent to $30.8 million. Reservation revenue rose 80 percent to $15.4 million.
Analysts on an average were expecting the company to earn 22 cents a share on revenue of $30.2 million, according to Thomson Reuters I/B/E/S.
OpenTable generates most of its revenue from its restaurant customers. The company's revenue includes monthly subscription fees and a fee for each restaurant guest seated through online reservations.
OpenTable's shares, which have risen over 25 percent in the last three months, closed at $85.28 on Nasdaq on Tuesday. They fell less than a percent to $84.99 in extended trade.
(Reporting by Abhiram Nandakumar in Bangalore; Editing by Roshni Menon) Keywords: OPENTABLE/ (abhiram.nandakumar@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: abhiram.nandakumar.thomsonreuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.