TripAdvisor (TRIP) Q1 Earnings & Revenues Beat, Rise Y/Y
TripAdvisor(TRIP) Zacks Investment Research·2024-05-10 00:45
TripAdvisor (TRIP) reported non-GAAP first-quarter 2024 earnings of 12 cents per share, which significantly jumped from the prior-year quarter’s 5 cents. The figure also beat the Zacks Consensus Estimate, which was pegged at break even.Revenues of $395 million increased 6% year over year and surpassed the Zacks Consensus Estimate of $390.9 million.Top-line growth was driven by the strong momentum in the Viator segment. A well-performing TheFork segment also benefited the company.However, softness across Tri ...