Orbitz Posts $4.6M Net Income, Cuts Full-Year Growth Forecast

Online travel agency Orbitz Worldwide Inc reported a lower second quarter profit on Wednesday and cut its full-year growth forecast, saying global economic uncertainty is continuing into the current period.

Net income came to $4.6 million, or 4 cents a diluted share, in the second quarter, down from $8.9 million, or 8 cents a share, a year earlier.