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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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald