Summary
Expedia, Inc. (EXPE) filed an 8-K on October 27, 2011, to report preliminary financial results for the third quarter ended September 30, 2011. While the specific financial details are available in the furnished press release (Exhibit 99.1), this filing indicates the company is sharing operational and financial performance updates. Additionally, the company announced a quarterly cash dividend, demonstrating a commitment to returning value to shareholders. Investors should review the full press release for detailed performance metrics and any forward-looking statements. The dividend declaration signifies a positive signal for shareholders, suggesting confidence in the company's financial stability and cash flow generation. The announcement of preliminary results also allows investors to stay informed about the company's ongoing performance trends. It is crucial for investors to access and analyze the accompanying press release to understand the nuances of Expedia's financial condition and operational results during the reported quarter.
Key Highlights
- 1Expedia, Inc. announced preliminary financial results for the third quarter ended September 30, 2011, via an 8-K filing.
- 2The press release detailing these results (Exhibit 99.1) was furnished with the filing.
- 3The company references non-GAAP financial measures in its results announcement.
- 4Expedia's Executive Committee declared a quarterly cash dividend of $0.07 per share.
- 5The dividend is payable on December 9, 2011, to stockholders of record as of November 18, 2011.
- 6This filing also serves to notify about written communications under Rule 425 and soliciting material under Rule 14a-12 of the Securities Act and Exchange Act, respectively.