TripAdvisor beats by $0.01, misses on revs
- Reports Q3 (Sep) earnings of $0.36 per share, $0.01 better than the Capital IQ Consensus of $0.35; revenues rose 4.3% year/year to $439 mln vs the $451.27 mln Capital IQ Consensus.
- Total Revenue was $439 million, an increase of $18 million, or 4% year-over-year.
- Non-Hotel Revenue grew 26% year-over-year, led by growth in Attractions and Restaurants, and Non-Hotel Adjusted EBITDA was $44 million for a 35% Adjusted EBITDA margin.
- Average monthly unique hotel shoppers reached 163 million, up 7% year-over-year.
- Average monthly unique visitors on TripAdvisor-branded websites and applications reached 455 million, up 17% year-over-year.
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