8-KEarnings & ResultsOther EventsExhibits & Filings

Expedia Group, Inc. 8-K Report, Financial Results (Apr 27, 2017)

Filed April 27, 2017For Securities:EXPE

Summary

Expedia Group, Inc. (EXPE) filed an 8-K on April 27, 2017, primarily to report its financial results for the first quarter ended March 31, 2017. The company issued an earnings release and announced plans for a conference call to discuss these results. Investors should note that Expedia is utilizing non-GAAP financial measures, with reconciliations provided in the furnished earnings release (Exhibit 99.1). In addition to the financial results, the filing also disclosed a significant capital allocation decision: the declaration of a quarterly cash dividend of $0.28 per share. This dividend is payable on June 15, 2017, to shareholders of record as of May 25, 2017, signaling a commitment to returning value to shareholders.

Key Highlights

  • 1Expedia reported its Q1 2017 financial results on April 27, 2017.
  • 2The company will hold a conference call to discuss the Q1 2017 financial performance.
  • 3Expedia's earnings release, furnished as Exhibit 99.1, contains non-GAAP financial measures.
  • 4A reconciliation between GAAP and non-GAAP financial measures is available in Exhibit 99.1.
  • 5Expedia declared a quarterly cash dividend of $0.28 per share.
  • 6The dividend is payable on June 15, 2017, to shareholders of record on May 25, 2017.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report Expedia's financial results for the first quarter ended March 31, 2017, through an accompanying earnings release.

Expedia is making reference to non-GAAP financial measures in its earnings release and conference call. The filing states that a reconciliation of these non-GAAP measures to the nearest comparable GAAP measures is provided within the earnings release (Exhibit 99.1).

Expedia announced a quarterly cash dividend of $0.28 per share. This dividend is scheduled to be paid on June 15, 2017, to stockholders who are on record as of the close of business on May 25, 2017.

The detailed financial results and the earnings release are furnished as Exhibit 99.1 to this 8-K filing. Investors should refer to this exhibit for comprehensive information.