Summary
Expedia Group, Inc. (EXPE) filed an 8-K on February 8, 2018, primarily to announce its financial results for the fourth quarter and full year ended December 31, 2017. The company issued a press release and planned a conference call to discuss these results, which included both GAAP and non-GAAP financial measures. Investors should note that the detailed financial results and any reconciliations of non-GAAP measures to GAAP were provided in an attached press release (Exhibit 99.1). In addition to the financial results, Expedia also announced a quarterly cash dividend of $0.30 per share, payable on March 28, 2018, to shareholders of record on March 8, 2018. The filing also included an investor presentation (Exhibit 99.2) that management intended to use in discussions with investors and analysts. It's important for investors to review the furnished exhibits for the full details of the financial performance and dividend information, as the 8-K itself largely references these external documents.
Key Highlights
- 1Expedia released its financial results for the fourth quarter and full year ended December 31, 2017, on February 8, 2018.
- 2The company's earnings release and conference call discussed both GAAP and non-GAAP financial measures.
- 3Reconciliations for non-GAAP to GAAP financial measures were provided within the furnished earnings press release (Exhibit 99.1).
- 4Expedia declared a quarterly cash dividend of $0.30 per share.
- 5The dividend is payable on March 28, 2018, to stockholders of record as of March 8, 2018.
- 6An investor presentation (Exhibit 99.2) was also furnished, intended for use in investor and analyst meetings.
- 7Information provided in Item 2.02 and 7.01 is furnished, not filed, meaning it's not subject to Section 18 liability unless specifically incorporated into other filings.