Summary
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 $0.30 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.
Key Highlights
- 1Expedia Group announced its third-quarter 2017 financial results on October 26, 2017.
- 2The company furnished its earnings release as Exhibit 99.1 to the 8-K filing.
- 3The earnings release includes both GAAP and non-GAAP financial measures, with reconciliations provided.
- 4Expedia declared a quarterly cash dividend of $0.30 per share.
- 5The dividend is payable on December 7, 2017, to shareholders of record on November 16, 2017.
- 6The filing notes that the information in Item 2.02 is furnished and not deemed "filed" for certain legal purposes.