Skift Take
Kayak doesn't have to disclose mobile revenue and wouldn't unless it paints an upbeat picture, which it does.
While investors are worried that Facebook won't be able to adequately monetize its gains in mobile, Kayak for the first time revealed some mobile revenue numbers, outlining a growth scenario.
In its first earnings report as a public company today, Kayak disclosed that its estimated revenue per 1,000 mobile queries (RPMs) reached $46 in the second quarter, up from $33 in the second quarter of 2011.
Kayak CFO Melissa Reitter, speaking during the second quarter earnings call, indicated that the increase in