Jason Del Rey

Recent Posts by Jason Del Rey

TripAdvisor Mostly Meets Street’s Expectations With Third-Quarter Earnings

tripadvisor_opening bell_stephen Kaufer

Online travel-booking site TripAdvisor reported third-quarter earnings today that were mostly in line with analyst expectations.

Adjusted earnings per share were right on the Street’s target at 45 cents, while revenue for the third quarter was $255.1 million, compared to analyst expectations of $257 million.

The company also said that it repurchased $100 million in stock in the third quarter.

Sales and marketing expenses increased 45 percent year over year to $98 million as the company extended its TV campaign nationally and tested TV ads in select international markets, it said.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik