TripAdvisor reported Q4 2019 financial results, with a total revenue of $335 million, a GAAP net income of $15 million, and a non-GAAP net income of $53 million. The company's strategic actions included revenue diversification, cost management, and capital return to shareholders.
Total revenue decreased by 3% year-over-year to $335 million.
GAAP Net Income increased by 114% to $15 million.
Non-GAAP Net Income increased by 39% to $53 million.
Total Adjusted EBITDA increased by 6% year-over-year to $92 million with a margin of 27%.
Management expressed optimism about revenue growth outside the hotel auction and the potential for cost-saving measures to preserve strong profitability.
Visualization of income flow from segment revenue to net income