Summary
Expedia, Inc. filed an 8-K on February 9, 2012, primarily to report its financial results for the fourth quarter and full year ended December 31, 2011. The filing includes a press release announcing these results and a declaration of a quarterly cash dividend. While the full details of the financial results are in the accompanying press release (Exhibit 99.1), the 8-K itself highlights the company's performance and its commitment to returning capital to shareholders. For investors, the key takeaway is that Expedia provided an update on its financial condition. Additionally, the declaration of a $0.09 per share cash dividend signals the company's financial health and ongoing capital allocation strategy. Investors should review the furnished press release for comprehensive details on revenue, profitability, and operational performance metrics for the period.
Key Highlights
- 1Expedia announced its financial results for the fourth quarter and full year ended December 31, 2011, on February 9, 2012.
- 2The filing references non-GAAP financial measures in the accompanying press release, which investors should review for a complete understanding of performance.
- 3Expedia declared a quarterly cash dividend of $0.09 per share.
- 4The dividend is payable on March 30, 2012, to stockholders of record as of March 12, 2012.
- 5The 8-K filing is furnished in accordance with Item 2.02 (Results of Operations and Financial Condition) and Item 8.01 (Other Events).
- 6The press release detailing the financial results is provided as Exhibit 99.1.