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TripAdvisor (TRIP) Q2 2018 Results - Earnings Call Transcript

Aug. 02, 2018 3:56 PM ETTripadvisor, Inc. (TRIP)
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TripAdvisor, Inc. (NASDAQ:TRIP) Q2 2018 Earnings Call August 2, 2018 8:30 AM ET


Will Lyons - TripAdvisor, Inc.

Stephen Kaufer - TripAdvisor, Inc.

Ernst J. Teunissen - TripAdvisor, Inc.


Deepak Mathivanan - Barclays Capital, Inc.

Lloyd Walmsley - Deutsche Bank Securities, Inc.

Michael J. Olson - Piper Jaffray & Co.

Justin T. Patterson - Raymond James & Associates, Inc.

Mark Mahaney - RBC Capital Markets LLC

Eric J. Sheridan - UBS Securities LLC

Mark A. May - Citigroup Global Markets, Inc.

Matthew Brooks - Macquarie Capital (USA), Inc.

Douglas T. Anmuth - JPMorgan Securities LLC

Thomas White - D.A. Davidson & Co.

Jed Kelly - Oppenheimer & Co., Inc.

Kevin Kopelman - Cowen & Co. LLC

Brad Erickson - KeyBanc Capital Markets, Inc.

Peter C. Stabler - Wells Fargo Securities LLC

Naved Khan - SunTrust Robinson Humphrey, Inc.

James Lee - Mizuho Securities USA LLC


Good morning, and welcome to TripAdvisor's Second Quarter 2018 Earnings Conference Call. As a reminder, today's conference call is being recorded. At this time, I'd like to turn the conference call over to TripAdvisor's Vice President of Investor Relations, Mr. Will Lyons. Please go ahead.

Will Lyons - TripAdvisor, Inc.

Thanks, Steven. Good morning, everyone, and welcome to our call. Joining me today are Steve Kaufer, our CEO; and Ernst Teunissen, our CFO. Last night, after market closed, we distributed and filed our Q2 2018 earnings release and we made available our prepared remarks on our Investor Relations website located at ir.tripadvisor.com.

In the release, you'll find reconciliations of non-GAAP financial measures to the most comparable GAAP financial measures discussed on this call. You will also find supplemental financial information, which includes certain non-GAAP financial measures discussed on this call as well as other performance metrics.

Before we begin, I'd like to remind

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