Trivago reports Q3 revenue EUR 165.6M vs. EUR 146.1M last year

Reports Q3 adjusted EBITDA EUR 16M vs. EUR 13.6M last year. “We’re encouraged by the strength and durability of our momentum. Revenue grew 13% year-over-year, marking our third consecutive quarter of double-digit growth. The third quarter exceeded our expectations for both total revenue and Adjusted EBITDA. The quality of this growth gives us confidence. It’s led by our strong double-digit branded channel traffic revenue growth, which continues to outperform our expectations and benefits from compounding effects. We achieved this growth despite major foreign exchange headwinds, while improving Adjusted EBITDA by 18% year-over-year. Our AI-powered marketing campaign featuring brand ambassador Jurgen Klopp and our local productions made a strong impact this summer. Our product has significantly improved quarter after quarter, delivering a better user experience and stronger marketing efficiency.” said Chief Executive Officer Johannes Thomas.