Summary
Expedia, Inc. (EXPE) filed an 8-K on July 26, 2012, primarily to announce its financial results for the second quarter ended June 30, 2012. The filing includes a press release detailing these results, which investors should review for operational performance and financial condition. While the 8-K itself doesn't provide the specific figures, it signals the release of important quarterly data. Additionally, the report disclosed a significant event for shareholders: the declaration of a quarterly cash dividend. This indicates the company's commitment to returning value to its investors and provides a tangible return on their investment. The dividend details, including the amount per share and payment dates, are outlined in the filing.
Key Highlights
- 1Expedia announced its financial results for the second quarter ended June 30, 2012, via a furnished press release (Exhibit 99.1).
- 2The company referenced non-GAAP financial measures in its earnings release.
- 3Expedia declared a quarterly cash dividend of $0.13 per share.
- 4The dividend is payable on September 18, 2012.
- 5Record date for the dividend is August 28, 2012.
- 6The filing confirms the company's operational and financial reporting for Q2 2012.
- 7The declaration of a dividend signals a positive cash flow situation and commitment to shareholder returns.
Frequently Asked Questions
The 8-K filing on July 26, 2012, announces the release of Expedia's Q2 2012 financial results in an accompanying press release (Exhibit 99.1). Investors should refer to that press release for specific details on revenue, profitability, and other key financial metrics. The 8-K itself does not contain the detailed financial figures.
Yes, Expedia announced a quarterly cash dividend of $0.13 per share of outstanding common stock. This dividend is scheduled to be paid on September 18, 2012, to shareholders of record as of the close of business on August 28, 2012.
When a company refers to non-GAAP financial measures, it means they are presenting financial information that excludes certain items or uses different calculation methods than Generally Accepted Accounting Principles (GAAP). Investors should carefully review the accompanying press release to understand which measures are being used, how they are calculated, and why the company believes they provide a more meaningful view of its performance, compared to GAAP measures.
The full details of Expedia's Q2 2012 financial results are available in the press release furnished as Exhibit 99.1 to this 8-K filing. This press release would typically be accessible through financial news services or the SEC's EDGAR database.