TripAdvisor Speaks Before Congress in Support of Consumer Review Freedom Act
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TripAdvisor (TRIP) Falls into the Instant Bookings Revenue Gap - Needham & Company
November 6, 2015 7:56 AM ESTTripAdvisor's (NASDAQ: TRIP) Instant Booking is proving to be a painful transition. TRIP reported 3Q15 revenue of $415mm up 17% y/y but 4% below consensus estimates. Non-GAAP EPS of $0.53 was up 11% y/y which was 1% below estimates). TRIP is changing its business model to be a booking engine and move down the purchase funnel to share revenue at the point of booking. This... More
