earnings
confidence high
sentiment positive
materiality 0.75
Tripadvisor Q4 revenue $390M (+10%), net income $32M; FY2023 revenue $1.788B (+20%), adj EBITDA $334M
TripAdvisor, Inc.
2023-FY EPS reported
$0.08
revenue$1,788,000,000
- Q4 revenue $390M (+10% YoY); full-year revenue $1.788B (+20%) and all-time high for Tripadvisor Group.
- Q4 GAAP net income $32M ($0.22 diluted EPS) vs loss of $3M a year ago; full-year net income $10M ($0.08 diluted EPS) down from $20M.
- Adjusted EBITDA Q4 $84M (22% of revenue) vs $43M, up 95%; full-year adjusted EBITDA $334M (19% of revenue).
- Viator segment revenue Q4 $161M (+27% YoY) and full-year $737M (+49%); TheFork revenue Q4 $39M (+18% YoY).
- Free cash flow Q4 negative $35M; full-year $172M down from $344M; company cites favorable channel mix and disciplined marketing spend.