TripAdvisor Q1 2023 Earnings Report
Key Takeaways
Tripadvisor reported a strong start to 2023, with consolidated revenue growth of 42% year-over-year. Viator segment delivered particularly strong performance, with revenue growth of over 100%. The company is focused on driving further engagement, capturing more of the experiences opportunity, and fortifying the restaurants marketplace.
Total revenue was $371 million, a 42% increase year-over-year.
Viator's revenue increased by 105% year-over-year.
TheFork's revenue increased by 35% year-over-year.
Non-GAAP net income was $7 million, or $0.05 per share.
TripAdvisor
TripAdvisor
TripAdvisor Revenue by Segment
Forward Guidance
Management expects to drive further engagement by leveraging data, content and planning tools, capture more of the experiences opportunity, and fortify the restaurants marketplace.
Revenue & Expenses
Visualization of income flow from segment revenue to net income