8-KEarnings & ResultsOther EventsExhibits & Filings

Expedia Group, Inc. 8-K Report, Financial Results (Jul 28, 2016)

Filed July 28, 2016For Securities:EXPE

Summary

Expedia Group, Inc. (EXPE) filed an 8-K on July 28, 2016, to report on its financial results for the quarter ended June 30, 2016. The filing includes a press release detailing these results, which are also discussed in an upcoming conference call. Investors should note that Expedia is referencing non-GAAP financial measures, and a reconciliation to GAAP measures is provided within the earnings release. In addition to financial results, the report also announced a significant event for shareholders: the declaration of a quarterly cash dividend of $0.26 per share. This dividend is payable in September to shareholders of record in late August, providing a direct return to investors.

Key Highlights

  • 1Expedia announced its financial results for the second quarter of 2016 via a press release on July 28, 2016.
  • 2The company will hold a conference call to discuss these quarterly financial results.
  • 3Expedia is utilizing non-GAAP financial measures in its reporting and has provided reconciliations to GAAP.
  • 4A quarterly cash dividend of $0.26 per share has been declared.
  • 5The dividend payment date is September 15, 2016.
  • 6Record date for the dividend is August 25, 2016, ensuring shareholders of record by this date will receive the dividend.

Frequently Asked Questions

This 8-K filing primarily serves to announce Expedia Group's financial results for the quarter ended June 30, 2016, and to inform investors about the declaration of a quarterly cash dividend.

Expedia is using non-GAAP financial measures in its earnings release. While a reconciliation to the nearest comparable GAAP financial measures is provided in the accompanying press release (Exhibit 99.1), investors should review this reconciliation carefully for a full understanding of the reported figures.

Yes, Expedia's Executive Committee has declared a quarterly cash dividend of $0.26 per share. This dividend will be paid on September 15, 2016, to shareholders who are on record as of the close of business on August 25, 2016.

The detailed financial results and the reconciliation of non-GAAP to GAAP measures are included in the press release furnished as Exhibit 99.1 to this 8-K filing.