Exhibit 99.1 Tripadvisor Reports Second Quarter 2024 Financial Results NEEDHAM, MA, August 6, 2024 — Tripadvisor, Inc. (Nasdaq: TRIP) ("Tripadvisor" or the "Company") today announced financial results for the second quarter ended June 30, 2024. • Revenue of $497 million, reflecting year-over-year growth of 1% • Net income of $24 million, or $0.17 per share • Non-GAAP net income of $57 million, or $0.39 per share • Adjusted EBITDA of $97 million, or 20% of revenue "Our second quarter consolidated financial r ...

Group 1 - Red Light Holland Corp.'s warrants listed on January 28, 2021, will expire on July 29, 2024 [1][3] - All trades on July 26, 2024, will settle for cash the next day, while trades on July 29, 2024, will settle for cash on the same day [3] - The warrants will be halted at noon and delisted at market close on July 29, 2024 [3]

NEEDHAM, Mass., July 18, 2024 /PRNewswire/ -- Tripadvisor, Inc. (NASDAQ: TRIP) announced today that after the close of market trading on Tuesday, August 6, 2024, the company will post its second quarter 2024 financial results on its investor relations website at ir.tripadvisor.com.The same day, at 4:30 p.m. ET, the company will host a conference call to answer questions regarding its financial results.  The event will be webcast live and can be accessed at ir.tripadvisor.com.  A replay will be available on ...

NEEDHAM, Mass., July 8, 2024 /PRNewswire/ -- Tripadvisor, Inc. (NASDAQ: TRIP) announced today that it has successfully closed on a term loan B facility in conjunction with a First Amendment to its Credit Agreement, dated as of June 26, 2015, as amended and restated as of June 29, 2023 (such amended and restated credit agreement, the "Restated Credit Agreement," and as amended by the First Amendment, the "Amended Credit Agreement"). The First Amendment provides for a new $500 million term loan B credit facil ...

From Mild to Wild, Empire State Building Towers above All Others as World's Top Attraction While Portuguese Walking Tour Strolls Away with the Honor of World's Best Experience NEEDHAM, Mass., June 25, 2024 /PRNewswire/ -- Today, Tripadvisor®, the world's largest travel guidance platform, announced the winners of its annual 2024 Travelers' Choice® Awards Best of the Best Things to Do, highlighting the highest rated experiences and attractions around the world and in the US based on Tripadvisor reviews. For t ...

Core Viewpoint - TripAdvisor reported a significant increase in earnings and revenues for Q1 2024, driven by strong performance in the Viator and TheFork segments, although there were concerns regarding the softness in Tripadvisor-branded hotels [2][3]. Financial Performance - Non-GAAP earnings for Q1 2024 were 12 cents per share, up from 5 cents in the prior year, exceeding the Zacks Consensus Estimate of break even [2]. - Revenues reached $395 million, a 6% year-over-year increase, surpassing the Zacks Consensus Estimate of $390.9 million [2]. - Revenue breakdown: - Brand Tripadvisor: $240 million (60.8% of total revenues), down 2% year-over-year [3]. - Viator: $141 million (35.7%), up 23% year-over-year [3]. - TheFork: $41 million (10.4%), up 17% year-over-year [3]. Operating Results - Selling and marketing costs increased 1% year-over-year to $221 million, while general and administrative costs rose 17% to $56 million [4]. - Technology and content costs were $76 million, up 12% year-over-year [4]. - TripAdvisor reported an operating loss of $15 million, wider than the $14 million loss in the previous year [4]. - Adjusted EBITDA margin was 12%, expanding 300 basis points year-over-year [4]. Balance Sheet & Cash Flow - As of March 31, 2024, cash and cash equivalents were $1.17 billion, up from $1.07 billion at the end of 2023 [5]. - Long-term debt was $840 million, slightly up from $839 million in the previous quarter [5]. - Cash generated from operations was $139 million, compared to a cash usage of $19 million in the prior quarter [5]. - Free cash flow for the first quarter was $123 million [5]. Market Sentiment & Estimates - There has been a downward trend in fresh estimates, with the consensus estimate shifting down by 43.28% [5]. - TripAdvisor holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [7]. Industry Comparison - TripAdvisor is part of the Zacks Internet - Commerce industry, where Match Group reported revenues of $859.65 million, a year-over-year increase of 9.2% [8]. - Match Group's EPS for the last quarter was $0.44, compared to $0.42 a year ago, with a Zacks Rank 3 (Hold) as well [8].

Loading...Loading...The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here's the latest ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

NEEDHAM, Mass., May 23, 2024 /PRNewswire/ -- Tripadvisor, Inc. (NASDAQ: TRIP) announced today its participation in the following upcoming conferences:Mike Noonan, CFO, will host investor meetings at the Bernstein 40th Annual Strategic Decisions Conference on Thursday, May 30, 2024, in New York.Mike Noonan, CFO, will host investor meetings at the Mizuho Technology Conference on Wednesday, June 12, 2024, in New York.About Tripadvisor, Inc.The Tripadvisor Group operates as a family of brands that connects peop ...

2024 Tripadvisor Summer Travel Index RevealsMost Popular Summer Destinations Globally and in the US NEEDHAM, Mass., May 14, 2024 /PRNewswire/ -- Americans and travelers around the world continue to place a high priority on summer vacations, according to the annual Summer Travel Index released today by Tripadvisor, the world's largest travel guidance platform. In fact, 95 percent of respondents are planning to travel as much (51%) or more (44%) than last summer, despite some concern about economic headwinds. ...