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

Reports
Earnings & Results·Regulation FD·Other Events+1
Filing Date
Filed July 27, 2017
Period End
July 27, 2017
Security
EXPE
In the record · 2016–202610-K1510-Q338-K144

EXPE filed 15 annual reports (10-K), 33 quarterly reports (10-Q) and 144 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Oct ’16Oct ’16
  2. Material agreement8-K · Apr ’20Apr ’20
  3. Leadership change8-K · Jun ’22Jun ’22
  4. Leadership change8-K · Apr ’26Apr ’26

01—Abstract

Summary

Summary of the 8-K filed July 27, 2017. Cited figures are marked; the original filing is the authoritative source.

Expedia Group, Inc. (EXPE) filed an 8-K on July 27, 2017, reporting on its financial results for the quarter ended June 30, 2017, and announcing a significant strategic investment and dividend.

The company reported its financial results, referencing non-GAAP measures for which reconciliations are provided. Additionally, a major announcement was the $350 milliona primary minority investment in Traveloka Holding Limited, a leading travel platform in Southeast Asia, aimed at deepening cooperation on global hotel supply. Expedia also declared a quarterly cash dividend of $0.30 per share, payable in September 2017.

02—Key points

Key Highlights

  1. Expedia reported its financial results for the quarter ended June 30, 2017.
  2. The company utilized non-GAAP financial measures in its earnings release, with reconciliations provided.
  3. Expedia made a $350 million primary minority investment in Traveloka Holding Limited.
  4. This investment is intended to enhance cooperation on global hotel supply between Expedia and Traveloka.
  5. Expedia declared a quarterly cash dividend of $0.30 per share.
  6. The dividend is payable on September 14, 2017, to shareholders of record on August 24, 2017.

03—Questions

Frequently Asked Questions

  1. What is the significance of the investment in Traveloka?

    The $350 million investment in Traveloka represents a strategic move by Expedia to gain a minority stake in a leading travel platform in Southeast Asia. This partnership aims to expand Expedia's global hotel supply network and leverage Traveloka's strong regional presence, potentially driving future growth and market share in a key emerging market.

  2. What were the key financial results reported for the quarter ended June 30, 2017?

    The 8-K filing references an earnings release containing Expedia's financial results for the quarter ended June 30, 2017. While specific figures are not detailed in the 8-K text itself, the filing indicates that Expedia is discussing these results and may be using non-GAAP financial measures, with reconciliations available in the provided exhibit.

  3. Is Expedia returning capital to shareholders?

    Yes, Expedia declared a quarterly cash dividend of $0.30 per share. This indicates a commitment to returning value to shareholders and signals confidence in the company's financial position.

  4. Will the information in this 8-K be subject to SEC regulations like Section 18?

    According to the filing's text, the information provided under Item 2.02 (Results of Operations) and Item 7.01 (Regulation FD Disclosure) is furnished and shall not be deemed 'filed' for purposes of Section 18 of the Exchange Act or incorporated by reference into other filings, unless expressly stated otherwise in a subsequent filing.

04—Continue

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