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Tripadvisor, Inc., a leading online travel company, has released its financial results for the fourth quarter and full year ending December 31, 2024. The company reported a modest increase in revenue and net income, alongside strategic initiatives aimed at enhancing its market position.
Financial Highlights
For the fourth quarter of 2024, Tripadvisor reported revenue of $411 million, marking a 5% year-over-year increase. The full-year revenue stood at $1,835 million, reflecting a 3% growth compared to the previous year. Net income for the fourth quarter was $2 million, or $0.01 diluted EPS, while the full-year net income was $5 million, or $0.04 diluted EPS. Non-GAAP net income for the fourth quarter was $43 million, or $0.30 diluted EPS, and $188 million, or $1.30 diluted EPS, for the full year. Adjusted EBITDA for the fourth quarter was $73 million, or 18% of revenue, and $339 million, or 18% of revenue, for the full year.
Business and Operational Highlights
Tripadvisor’s…
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