Acquisitions and expansion have contributed to a healthy growth in revenue, though they’ve also meant increased expenses.

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Expedia’s stock price rocketed nearly 14 percent in after-hours trading Thursday after it reported quarterly earnings that pleased investors.

The Bellevue online travel company reported its revenue grew 39 percent to $1.9 billion, largely a result of the company’s expanding portfolio of acquisitions. Expedia bought rival Orbitz last year and snagged HomeAway, an Airbnb competitor, in December.

Analysts expected Expedia to report revenue of $1.84 billion, according to Bloomberg data.

The acquisitions and expansion mean Expedia’s expenses increased, causing its quarterly loss to increase significantly, the company said in reporting the first-quarter earnings results Thursday. The company’s expansion into Seattle, where it plans to move its corporate headquarters in a few years, also took a bite out of its earnings.

Expedia reported a loss of $121.9 million for the quarter, a big swing from the $44.1 million profit it reported in the same period last year.

HomeAway started charging travelers a fee ahead of schedule, and the impact of the extra cost hasn’t had a material effect on bookings, Chief Financial Officer Mark Okerstrom said in a phone interview.

“No negative implications on the business so far and really things are tracking very, very nicely,” Okerstrom said. HomeAway contributed $142 million in revenue during the quarter.

Expedia said $30 million during the quarter went to “restructuring and related reorganization charges” related to acquisitions. About $25 million more throughout the rest of the year will go toward the same purpose, the company said.

The company plans to move about 4,500 employees into the former Amgen campus in Seattle’s Interbay neighborhood by 2019. Expedia paid $228.9 million to buy the property.

Expedia shares closed the regular trading day — before its quarterly results were released — at $106.99, down 78 cents, or 0.8 percent. In after-hours trading, shares rose to $118.50 and as high as $121.65.