secwatch.observer — SEC 8-K summary
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Issuer:     TripAdvisor, Inc. (TRIP)
CIK:        0001526520
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0000950170-24-015195
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tripadvisor Q4 revenue $390M (+10%), net income $32M; FY2023 revenue $1.788B (+20%), adj EBITDA $334M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1526520/000095017024015195/0000950170-24-015195-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1526520/000095017024015195/trip-20240214.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-015195

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer