earnings
confidence high
sentiment positive
materiality 0.70
TripAdvisor Q2 revenue $235M, up 298% YoY; adjusted EBITDA turns positive at $25M
TripAdvisor, Inc.
2021-Q2 EPS reported
-$0.88
revenue$358,000,000
- Revenue $235M (+298% YoY) but 44% below Q2 2019; GAAP net loss narrowed to $40M from $153M.
- Adjusted EBITDA positive at $25M vs -$74M; non-GAAP EPS -$0.07 vs -$0.76.
- Cash flow from operations $126M; cash and equivalents $775M, up $101M from Q1 2021.
- U.S. hotel auction revenue nearly reached Q2 2019 levels; Europe recovery accelerated in May/June.
- Tripadvisor Plus fully rolled out in US; expects Q3 performance to meaningfully improve vs Q2.