Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $67.21 USD
Change Today -2.26 / -3.25%
Volume 1.6M
As of 8:10 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

tripadvisor inc (TRIP) Key Developments

TripAdvisor Inc. Provides Earnings Guidance for the Year 2015

TripAdvisor Inc. provided earnings guidance for the year 2015. For the year 2015, the company expects GAAP effective tax rate for the full year to be in line with projected 2015 GAAP tax rate of 27% to 28%. The company expects 2015 capital expenditures to be roughly 5% of revenue. The company expects 2015 total revenue growth to be in the low to mid-20s and EBITDA growth in the low to mid-single digits. The guidance reflects recent business trends and foreign exchange rates as of now and does not assume future positive or negative FX movement. As such, future changes in FX and their related effects on users and partners could positively or negatively impact outlook.

TripAdvisor Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

TripAdvisor Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of $405 million against $323 million a year ago. Operating income was $79 million against $100 million a year ago. Income before income taxes was $82 million against $98 million a year ago. Net income was $58 million or $0.40 per diluted share against $68 million or $0.47 per diluted share a year ago. Net cash provided by operating activities was $200 million against $158 million a year ago. Capital expenditures, including internal-use software and website development were $23 million against $22 million a year ago. Total Adjusted EBITDA was $123 million against $129 million a year ago. Non-GAAP net income was $79 million or $0.54 per diluted share against $81 million or $0.55 per diluted share a year ago. For the six months, the company reported revenue of $768 million against $604 million a year ago. Operating income was $169 million against $196 million a year ago. Income before income taxes was $168 million against $192 million a year ago. Net income was $121 million or $0.83 per diluted share against $136 million or $0.93 per diluted share a year ago. Net cash provided by operating activities was $299 million against $267 million a year ago. Capital expenditures, including internal-use software and website development were $54 million against $42 million a year ago. Total Adjusted EBITDA was $249 million against $251 million a year ago. Non-GAAP net income was $159 million or $1.08 per diluted share against $161 million or $1.10 per diluted share a year ago.

TripAdvisor Inc. Opens New Global Headquarters in Needham, Massachusetts

TripAdvisor Inc. announced the official opening of its new global headquarters in Needham, Mass. The new 282,000 square-foot facility is incorporating LEED best practices, and features a travel theme. It also provides a wide range of employee-friendly amenities, such as a fitness center, a game room and lounge, and lunch served daily.

TripAdvisor Wins Italian Court Ruling over Fake Reviews

An Italian court has cancelled fines against TripAdvisor for allegedly failing to stop false reviews from being published on its website. TripAdvisor was fined last year EUR 500,000 ($550,000) by Italian authorities for apparently failing to stop false reviews from being published on its site. The company appealed the fine, which was imposed by Italy's competition watchdog. TripAdvisor said that the decision confirmed what the company always knew - that TripAdvisor is a hugely valuable and reliable resource, that there is no misleading message regarding the source of TripAdvisor's reviews, and the processes TripAdvisor uses to maintain the integrity of our content are extremely effective.

TripAdvisor, Inc. Announces New $1 Billion Five Year Credit Facility

TripAdvisor Inc. announced that it has entered into a new $1 billion five-year credit facility, replacing its existing $600 million credit facility. Under a new credit agreement, among other things, the company has access to a $1 billion unsecured revolving credit facility, an interest rate on borrowings and commitment fees based on the company's and its subsidiaries' consolidated leverage ratio and uncommitted incremental revolving loan and term loan facilities, subject to compliance with leverage covenants and other conditions. The $1 billion credit facility will be used for general corporate purposes. Thirteen financial institutions participated in the credit facility. In connection with the company's entrance into the new credit agreement, the company repaid in full and terminated its existing credit agreement.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
TRIP:US $67.21 USD -2.26

TRIP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Ctrip.com International Ltd $63.92 USD -1.97
HomeAway Inc $27.68 USD -0.83
Orbitz Worldwide Inc $11.19 USD -0.11
Sabre Corp $27.78 USD -0.11
Travelport Worldwide Ltd $13.15 USD -0.06
View Industry Companies
 

Industry Analysis

TRIP

Industry Average

Valuation TRIP Industry Range
Price/Earnings 48.2x
Price/Sales 7.1x
Price/Book 8.1x
Price/Cash Flow 34.2x
TEV/Sales 6.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact TRIPADVISOR INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.