TripAdvisor: Q2 Earnings Snapshot
NEEDHAM, Mass. (AP) _ TripAdvisor Inc. (TRIP) on Thursday reported second-quarter earnings of $31 million.
On a per-share basis, the Needham, Massachusetts-based company said it had net income of 21 cents. Earnings, adjusted for one-time gains and costs, came to 37 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share.
The travel website operator posted revenue of $417 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $393 million.