Tripadvisor beats expectations on travel demand
The company reported better than expected profit and revenue as travel continued to rebound
Tripadvisor reported revenue of $354 million and adjusted profit per share of 16 cents in the fourth quarter, beating expectations for revenue of $344M and per-share adjusted profit of 4 cents. Fourth quarter revenue rose 47% from the prior year.
The company said its outlook for 2023 assumes no change in the macro environment, "which remains uncertain, yet also assumes resilient travel demand."
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