TripAdvisor, Inc. (TRIP) CEO Steve Kaufer on Q3 2019 Results - Earnings Call Transcript

Nov. 07, 2019 2:39 PM ETTripadvisor, Inc. (TRIP) StockTRIP3 Comments
SA Transcripts
153.96K Followers

Q3: 2019-11-06 Earnings Summary

EPS of $0.58 misses by $0.11
 | Revenue of $428.00M (-6.55% Y/Y) misses by $31.39M

Start Time: 08:30 January 1, 0000 9:24 AM ET

TripAdvisor, Inc. (NASDAQ:TRIP)
Q3 2019 Earnings Conference Call
November 07, 2019, 08:30 AM ET

Company Participants

Steve Kaufer - President and CEO
Ernst Teunissen - CFO
Lindsay Nelson - President, Core Experience
Kanika Soni - President, Hotels
Will Lyons - VP, IR

Conference Call Participants

Deepak Mathivanan - Barclays
Lloyd Walmsley - Deutsche Bank
Naved Khan - SunTrust Robinson Humphrey
Tom White - D.A. Davidson
Mike Olson - Piper Jaffray
Shweta Khajuria - RBC Capital Markets
Eric Sheridan - UBS
Dae Lee - JPMorgan
Kevin Kopelman - Cowen & Company
James Lee - Mizuho Securities
Jed Kelly - Oppenheimer

Operator

Good morning, and welcome to TripAdvisor’s Third Quarter 2019 Earnings Conference Call. As a reminder, today’s conference is being recorded.

At this time, I would like to turn the conference call over to TripAdvisor’s Vice President of Investor Relations, Mr. Will Lyons. Please go ahead.

Will Lyons

Thanks, Victor. Good morning, everyone, and welcome to our call. Joining me today are CEO, Steve Kaufer; CFO, Ernst Teunissen; President of Hotels, Kanika Soni; and President of Core Experience, Lindsay Nelson.

Last night after market close, we distributed and filed our third quarter 2019 earnings release and we made available our prepared remarks on our Investor Relations Web site located at ir.tripadvisor.com. In the release, you will 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 you that this call may contain estimates and other forward-looking statements that represent management’s views as of today, November 7, 2019. TripAdvisor disclaims any obligation to update these statements to reflect future events

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