Shutterfly quarterly revenue rises 15.5 percent

(Reuters) – Shutterfly Inc reported a 15.5 percent rise in quarterly revenue as more customers used its personalized photo-based products and services. The company’s net loss narrowed to $23.8 million, or 63 cents per share, in the second quarter ended June 30 from $27.1 million, or 70 cents per share, a year earlier. Net revenue rose to $183.9 million from $159.1 million.

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Expedia shares soar on strong bookings despite strong U.S. dollar

Expedia Inc on Thursday reported first-quarter profit that exceeded analysts’ expectations as it earned more money from travel bookings in and outside the United States, despite foreign currencies falling relative to the U.S. dollar.

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Open Text profit rises 39 percent on strong cloud services business

(Reuters) – Canadian business-software maker Open Text Corp reported a 39 percent rise in quarterly profit, helped by a more than threefold jump in revenue in its rapidly growing cloud services business. Net income attributable to the company rose to $74.3 million, or 60 cents per share in the second quarter ended Dec

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