Market Overview

Tripadvisor Tumbles On Revenue Miss

Share:
Related TRIP
Out With The Old, In With The New: Telecom Sector To Become Communications Services Sector
Guggenheim Downgrades TripAdvisor To Sell, Cites OTA Efforts, Competition And Valuation
  • Tripadvisor Inc (NASDAQ: TRIP) reports Q3 EPS of $0.53, in line with the Street’s consensus.
  • Revenue of $421 million fell short of expectations of $436.31 million.
  • Hotel segment represented 76 percent of total revenue.
  • Average monthly unique visitors hit 390 million, up 11 percent year-over-year.
  • User reviews and opinions rose by almost 50 percent year-over-year.
  • Shares of Tripadvisor are trading down about 14 percent to $54.60 in Tuesday’s after-hours session.

Posted-In: Earnings News After-Hours Center Movers

 

Related Articles (TRIP)

View Comments and Join the Discussion!