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Revenue Growth: TripAdvisor Inc (NASDAQ:TRIP) reported a 20% year-over-year increase in annual revenue, reaching an all-time high of $1.788 billion.
Net Income: Full-year net income stood at $10 million, with diluted EPS of $0.08, marking a 50% decline from the previous year.
Adjusted EBITDA: The company achieved $334 million in adjusted EBITDA for the year, representing 19% of revenue.
Segment Performance: Viator led with a 49% revenue surge, while Brand Tripadvisor remained flat year-over-year.
Free Cash Flow: Free cash flow for the year was $172 million, a decrease of 50% compared to the prior year.
TripAdvisor Inc (NASDAQ:TRIP) released its 8-K filing on February 14, 2024, unveiling its financial results for the fourth quarter and full year ended December 31, 2023. The company, known for its travel metasearch platform with over 1 billion reviews and information on approximately 8 million accommodations, restaurants, experiences, airlines, and cruises, has reported a record revenue…
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