8-KEarnings & ResultsRegulation FDOther Events+1

Expedia Group, Inc. 8-K Report, Financial Results (Oct 30, 2013)

Filed October 30, 2013For Securities:EXPE

Summary

Expedia, Inc. filed an 8-K on October 30, 2013, primarily to announce its financial results for the third quarter ended September 30, 2013. The company also disclosed a quarterly cash dividend declaration and provided an infographic for investor information. Investors should note that the earnings release contains non-GAAP financial measures, which are common in the industry but require careful review alongside GAAP figures. The dividend declaration signifies a commitment to returning capital to shareholders, with a payment date in December. While the specific financial performance details are within the furnished earnings release (Exhibit 99.1), this 8-K serves as the official notification of these events, including the release of an investor infographic (Exhibit 99.2).

Key Highlights

  • 1Expedia, Inc. announced its Q3 2013 financial results on October 30, 2013.
  • 2The company declared a quarterly cash dividend of $0.15 per share.
  • 3The dividend is payable on December 12, 2013, to shareholders of record on November 21, 2013.
  • 4The earnings release (Exhibit 99.1) includes reference to non-GAAP financial measures.
  • 5An investor infographic for Q3 2013 is available as Exhibit 99.2.
  • 6The information provided is furnished and not deemed 'filed' under Section 18 of the Exchange Act, limiting its liabilities in that context.

Frequently Asked Questions

This 8-K filing primarily serves as notification that Expedia announced its Q3 2013 financial results on October 30, 2013. The detailed financial performance figures are contained within the furnished earnings release (Exhibit 99.1) and are not fully detailed within the 8-K itself.

Expedia declared a quarterly cash dividend of $0.15 per share of outstanding common stock. This dividend is scheduled to be paid on December 12, 2013, to shareholders who hold the stock at the close of business on November 21, 2013.

The detailed financial results and discussion are provided in the press release furnished as Exhibit 99.1 to this 8-K. Additionally, an infographic containing company information for the third quarter of 2013 is available as Exhibit 99.2 and can be found on Expedia's investor relations website.

The earnings release mentioned in the filing (Exhibit 99.1) makes reference to non-GAAP financial measures. Investors should review these alongside the company's GAAP financial statements for a comprehensive understanding of performance.