=trivago (TRVG) reported earnings on Wed 25 Apr 2018 (b/o)

trivago misses by $0.04, reports revs in-line; tempers FY18 revenue outlook 

• Reports Q1 (Mar) loss of 0.06 per share, 0.04 worse than the Capital IQ Consensus of (0.02); revenues fell 3.1% year/year to 259.36 mln vs the 258.37 mln Capital IQ Consensus.
• Adjusted EBITDA was a loss of 21.9 million in the first quarter of 2018, compared to a positive Adjusted EBITDA of 19.3 million in the first quarter of 2017
• Outlook:
  • Expected Adjusted EBITDA for the full year 2018 to be between negative 50 million and negative 25 million
  • Total revenues are expected to return to a growth trajectory in the second half of 2018, leading to overall flat revenues in 2018 vs 2017 (previously guided for +5-10%)