Summary
Expedia, Inc. filed an 8-K on July 29, 2010, primarily to disclose its financial results for the second quarter ended June 30, 2010, via an attached press release. The report also notes that management will be making investor presentations during the following months using provided slides, and importantly, announces a quarterly cash dividend. Investors can find details on the company's operational and financial performance for the quarter within the press release, which may include non-GAAP financial measures. The declaration of a $0.07 per share cash dividend signals a commitment to returning capital to shareholders, with a record date set for August 26, 2010, and a payment date of September 16, 2010. The ongoing investor outreach through presentations suggests proactive engagement with the investment community to discuss the company's performance and outlook.
Key Highlights
- 1Expedia announced its second-quarter 2010 financial results on July 29, 2010.
- 2The company's press release detailing these results is incorporated by reference.
- 3Expedia plans to use non-GAAP financial information in its reporting, with explanations provided in the press release.
- 4Management will be conducting investor presentations during July, August, and September 2010.
- 5A quarterly cash dividend of $0.07 per share was declared.
- 6The dividend is payable on September 16, 2010, to stockholders of record as of August 26, 2010.
- 7The filing includes exhibits containing the press release and a company overview presentation.