Trivago (TRVG) reported earnings on Mon 15 May 17 (b/o)

** charts before earnings **

  

** chart after earnings **

trivago reports EPS in-line, beats on revs :

• Reports Q1 (Mar) earnings of 0.02 per share, in-line with the Capital IQ Consensus of 0.02; revenues rose 67.9% year/year to 267.6 mln vs the 247.62 mln Capital IQ Consensus.
  • The number of Qualified Referrals increased by 60% period over period to 177.2 million in the first quarter of 2017, compared to 110.5 million in the first quarter of 2016
  • Revenue per Qualified Referral in the first quarter of 2017 increased by 4% period over period
  • Adjusted EBITDA was 19.3 million in the first quarter of 2017 compared to 7.7 million in the first quarter of 2016, reflecting an increase of 151% period over period.
  • At the end of the first quarter in 2017, over 280,000 hoteliers engaged through Hotel Manager directly with their platform, of which over 30,000 subscribed to Hotel Manager Pro. trivago receives a fee for Hotel Manager Pro subscriptions, driving the 143% growth in Other Revenue.
• Note: On April 27th, trivago increased full-year guidance after Expedia (EXPE) released first quarter results.  At the time, Axel Hefer, CFO, said: "With a strong focus on improving our hotel search product and market leading innovation, we look forward to reporting our financial results on May 15, 2017. Given our strong start to the year, we have increased our full-year guidance and now expect annual revenue growth to be around 50% in 2017 [current consensus is for sales +45.2%], with our adjusted EBITDA margin likely to be up slightly from 2016."