Summary
Expedia, Inc. filed an 8-K report on July 25, 2013, primarily to announce its financial results for the second quarter ended June 30, 2013, and to disclose a quarterly cash dividend. The earnings release, furnished as Exhibit 99.1, provides key operational and financial metrics. Investors should pay close attention to these results to gauge the company's performance in the travel sector during the second quarter. Additionally, the company announced a cash dividend, indicating a commitment to returning capital to shareholders.
Key Highlights
- 1Expedia, Inc. reported its financial results for the second quarter ended June 30, 2013.
- 2The earnings release is furnished as Exhibit 99.1 to the 8-K filing.
- 3The company utilizes non-GAAP financial measures in its earnings release, which are also detailed.
- 4An infographic containing company information for the second quarter of 2013 is attached as Exhibit 99.2 and will be available on the investor relations website.
- 5Expedia declared a quarterly cash dividend of $0.15 per share.
- 6The dividend is payable on September 18, 2013, to stockholders of record as of August 28, 2013.
Frequently Asked Questions
The 8-K filing refers to an attached press release (Exhibit 99.1) which contains Expedia's financial results for the quarter ended June 30, 2013. Investors would need to review this press release for specific revenue, profit, and other financial details.
Yes, the filing explicitly states that Expedia makes reference to non-GAAP financial measures in its earnings release and includes information regarding such measures.
Expedia announced a quarterly cash dividend of $0.15 per share. This dividend is scheduled to be paid on September 18, 2013, to shareholders who are on record as of August 28, 2013.
An infographic titled 'Expedia, Inc. – The Numbers Infographic, Second Quarter 2013' is provided as Exhibit 99.2. This infographic will be posted on the Investor Relations section of Expedia's corporate website (www.expediainc.com).