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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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work