TripAdvisor Q4 Sales, EPS Beat; Shares Down 10%TripAdvisor shares were down 10% in after-hours trading Wednesday, despite the provider of travel reviews posting Q4 results that edged sales and earnings forecasts on a double-digit jump in click-based advertising. Shares closed regular trading at 46.90, up 0.5% on the day. The company also announced a $250 million stock buyback plan. For the fourth quarter, TripAdvisor (TRIP) said sales surged 23% to $169.4 million, beating Wall Street forecasts
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TripAdvisor Q4 Sales, EPS Beat; Shares Down 10%Linkback:
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Topic: Technology: TripAdvisor Q4 Sales, EPS Beat; Shares Down 10% (Read 444 times)