TripAdvisor (TRIP) reported non-GAAP first-quarter 2024 earnings of 12 cents per share, which significantly jumped from the prior-year quarter’s 5 cents. The figure also beat the Zacks Consensus Estimate, which was pegged at break even.Revenues of $395 million increased 6% year over year and surpassed the Zacks Consensus Estimate of $390.9 million.Top-line growth was driven by the strong momentum in the Viator segment. A well-performing TheFork segment also benefited the company.However, softness across Tri ...

Key TakeawaysA possible deal for Tripadvisor was rejected Wednesday by a special committee considering alternatives for the online travel site, sending the company's shares down nearly 29%.The committee was formed in February after Tripadvisor's controlling shareholder said it was looking at potential transactions.The news of the abandoned deal came in the company's first-quarter financial report, which showed sales at its Tripadvisor brand fell in the period. A decision not to pursue a merger sent shares o ...

The company's largest shareholder needs cash within the next year.Shares of travel platform Tripadvisor (TRIP -28.93%) got hammered on Wednesday after reporting quarterly financial results, revealing that the company wasn't for sale, and as investors grappled with concerning commentary from Liberty Tripadvisor Holdings. As of 1:30 p.m. ET, Tripadvisor stock was down 28%.Pull up a seat -- this story is trickyThis confusing story is hard to succinctly explain, but here goes: Liberty Tripadvisor is an independ ...

Tripadvisor, Inc. (NASDAQ:TRIP) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Angela White – Vice President of Investor Relations Matt Goldberg – President and Chief Executive Officer Mike Noonan – Chief Financial Officer Conference Call Participants Naved Khan – B. Riley Securities Niall Mitchelson – Bernstein Dae Lee – JPMorgan Jed Kelly – Oppenheimer Vince Cipiel – Cleveland Research Company Tom White – D.A. Davidson & Co Operator Good day and thank you for standing by. Wel ...

For the quarter ended March 2024, TripAdvisor (TRIP) reported revenue of $395 million, up 6.5% over the same period last year. EPS came in at $0.12, compared to $0.05 in the year-ago quarter. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-35362 TRIPADVISOR, INC. (Exact name of registrant as specified in its charter) Delaware 80-0743202 (State or other jurisdiction of (I.R.S. ...

Exhibit 99.1 Tripadvisor Reports First Quarter 2024 Financial Results NEEDHAM, MA, May 8, 2024 — Tripadvisor, Inc. (Nasdaq: TRIP) (“Tripadvisor” or the “Company”) today announced financial results for the first quarter ended March 31, 2024. • Revenue of $395 million, reflecting year-over-year growth of 6%. • Net loss of $59 million, or $0.43 loss per share, which includes the net impact of $42 million in incremental income tax expense, a result of a previously communicated IRS audit settlement. Refer to “In ...

NEEDHAM, Mass., May 6, 2024 /PRNewswire/ -- Tripadvisor, Inc. (NASDAQ: TRIP) announced today that the Company has updated the date of the release of its first quarter 2024 financial results to Wednesday, May 8, 2024, at 7:05 a.m. ET. Results will be posted on its investor relations website at ir.tripadvisor.com. The date and time of the Company's previously announced conference call remains unchanged, and will be held on Wednesday, May 8, 2024, at 8:30 a.m. ET. The event will be webcast live and can be acce ...

The upcoming report from TripAdvisor (TRIP) is expected to reveal break-even quarterly earnings per share, indicating a decline of 100% compared to the year-ago period. Analysts forecast revenues of $390.93 million, representing an increase of 5.4% year over year.Over the last 30 days, there has been a downward revision of 1.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the cour ...

2024 Awards Introduces Three New Categories: Best of the Best Pet-Friendly Hotels, Sustainable Hotels and Wellness HotelsHotel Colline de France in Brazil Crowned Best in the World; Shore Hotel in California Named Best in the USNEEDHAM, Mass., April 23, 2024 /PRNewswire/ -- Today, Tripadvisor, the world's largest travel guidance platform, unveiled the elite group of winners of its annual Travelers' Choice Best of the Best Hotels Awards, celebrating this year's highest rated hotels in the world based on Trip ...