Reports Q2 revenue $494M, consensus $472.7M. “We delivered healthy revenue growth on a consolidated basis, most notably in our experiences offerings, where we are pleased with our strong performance and market leadership in a large and growing category,” said CEO Matt Goldberg. “Our teams continue to focus on product innovation, including the launch of our generative AIdriven trip planning tool as the most recent example of how we plan to deliver against our engagement-driven strategy. As we look to the second half of the year, we will take an approach that balances financial discipline with executing our strategic priorities.”
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- Tripadvisor, Inc. Earnings Press Release Available on Company’s Investor Relations Site
- TripAdvisor options imply 10.0% move in share price post-earnings
- TripAdvisor price target raised to $15 from $14 at Jefferies
- TripAdvisor price target lowered to $18 from $21 at Citi
- TripAdvisor initiated with a Buy, $25 target at B. Riley
