8-KEarnings & ResultsRegulation FDOther Events+1

Expedia Group, Inc. 8-K Report, Financial Results (Apr 29, 2010)

Filed April 29, 2010For Securities:EXPE

Summary

Expedia, Inc. filed an 8-K on April 29, 2010, to report its financial results for the first quarter ended March 31, 2010. The filing also announced the declaration of a quarterly cash dividend and provided an overview of the company's performance and outlook to investors. Investors should note that Expedia referenced non-GAAP financial measures in its earnings release, and further details on these can be found within the referenced press release. Additionally, the company indicated that management would be engaging in investor presentations throughout April, May, June, and July 2010, utilizing slides that are attached as an exhibit to this filing. These presentations are intended to provide further insights into the company's financial condition and operational performance. The declaration of a cash dividend signals a return of capital to shareholders.

Key Highlights

  • 1Expedia announced its financial results for the first quarter of 2010.
  • 2A quarterly cash dividend of $0.07 per share was declared, payable on June 17, 2010.
  • 3The company referenced non-GAAP financial measures in its earnings release, requiring investors to refer to the press release for details.
  • 4Management plans to conduct investor presentations from April through July 2010, sharing company information via attached slides.
  • 5The filing incorporates by reference the full press release detailing the Q1 2010 financial results.
  • 6The filing includes an exhibit with a company overview for the first quarter of 2010.

Frequently Asked Questions

The 8-K filing on April 29, 2010, reported Expedia's financial results for the quarter ended March 31, 2010. The specific details of these results are available in the press release (Exhibit 99.1) incorporated by reference into the filing.

Yes, Expedia announced the declaration of a quarterly cash dividend of $0.07 per share. This dividend is payable on June 17, 2010, to stockholders of record as of May 27, 2010.

The filing explicitly mentions that Expedia references non-GAAP financial information in its press release (Exhibit 99.1). Investors should consult this press release for a comprehensive understanding of these non-GAAP measures and their reconciliation to GAAP.

Yes, Expedia's management indicated plans to conduct investor presentations throughout April, May, June, and July 2010. The materials for these presentations, offering a company overview, are included as Exhibit 99.2.