01—Abstract
Summary
Summary of the 8-K filed October 26, 2017. Cited figures are marked; the original filing is the authoritative source.
Expedia Group, Inc. filed an 8-K on October 26, 2017, primarily to announce its financial results for the third quarter ended September 30, 2017.
The report highlights the company's performance during the quarter, including details on revenue and earnings, with specific reference to a furnished earnings release (Exhibit 99.1) which provides both GAAP and non-GAAP financial measures. Investors should note that the earnings release contains important reconciliations between these measures. In addition to the financial results, Expedia also announced a quarterly cash dividend of $0.30a per share.
This dividend is payable on December 7, 2017, to shareholders of record as of November 16, 2017. The declaration of a dividend indicates the company's commitment to returning capital to its shareholders and suggests a level of financial confidence.
02—Key points
Key Highlights
- Expedia Group announced its third-quarter 2017 financial results on October 26, 2017.
- The company furnished its earnings release as Exhibit 99.1 to the 8-K filing.
- The earnings release includes both GAAP and non-GAAP financial measures, with reconciliations provided.
- Expedia declared a quarterly cash dividend of $0.30 per share.
- The dividend is payable on December 7, 2017, to shareholders of record on November 16, 2017.
- The filing notes that the information in Item 2.02 is furnished and not deemed "filed" for certain legal purposes.
03—Questions
Frequently Asked Questions
Where can I find the detailed financial results for the third quarter of 2017?
The detailed financial results for the third quarter of 2017 are available in the earnings release furnished as Exhibit 99.1 to this 8-K filing.
What is the amount and payment date for the quarterly dividend?
Expedia declared a quarterly cash dividend of $0.30 per share, payable on December 7, 2017, to shareholders of record on November 16, 2017.
Are there any non-GAAP financial measures mentioned in the report?
Yes, the earnings release referenced in the 8-K includes non-GAAP financial measures. A reconciliation of these measures to the comparable GAAP financial measures is provided within the earnings release itself.
Is the information about the financial results considered officially 'filed' with the SEC?
According to General Instruction B.2. to Form 8-K, the financial results information provided under Item 2.02 is furnished and not deemed 'filed' for purposes of Section 18 of the Exchange Act or incorporated by reference into other filings, unless expressly stated otherwise in a specific filing.
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