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TripAdvisor Profit Advances 19% on Advertising Revenue Gains

TripAdvisor Inc., the online travel-recommendation service spun off from Expedia Inc. in December, said fourth-quarter profit rose 19 percent as advertising revenue rose.

Net income climbed to $22 million, or 16 cents a share, from $18.4 million, or 14 cents, a year earlier, the Newton, Massachusetts-based company said today in its first quarterly report as an independent company. Revenue jumped 30 percent to $137.8 million.