TripAdvisor reported a strong Q3 2021, with revenue increasing to $303 million, a 101% year-over-year growth. The company achieved positive net income and an adjusted EBITDA of $72 million, reflecting improved consumer travel demand and effective cost management.
Revenue increased to $303 million, up 101% year-over-year, driven by strong performance across all segments.
Positive net income was achieved due to increased revenue and disciplined cost management.
Adjusted EBITDA increased to $72 million, expanding the margin to 24%.
Cash and cash equivalents increased by $264 million since December 31, 2020, reaching $682 million.
Forward-looking information about Tripadvisor’s business will be discussed on a conference call on November 9, 2021.
Visualization of income flow from segment revenue to net income