Summary
Expedia Group, Inc. (EXPE) filed an 8-K on October 25, 2018, primarily to report its financial results for the third quarter ended September 30, 2018. The company issued an earnings release, which is furnished as an exhibit and details both GAAP and non-GAAP financial measures. Investors should note that while this information provides insight into the company's performance, it is furnished and not deemed "filed" under Section 18 of the Exchange Act, limiting its liability implications. In addition to its quarterly financial performance, Expedia Group also announced the declaration of a quarterly cash dividend of $0.32 per share. This dividend, payable on December 6, 2018, to stockholders of record on November 15, 2018, indicates a commitment to returning capital to shareholders and is a key event for income-focused investors.
Key Highlights
- 1Expedia Group released its Q3 2018 financial results on October 25, 2018.
- 2The earnings release, furnished as Exhibit 99.1, contains detailed financial performance information.
- 3The company is utilizing non-GAAP financial measures and provides reconciliations to GAAP.
- 4The information is furnished under Item 2.02 and is not considered "filed" for Section 18 purposes.
- 5A quarterly cash dividend of $0.32 per share was declared.
- 6The dividend payment date is December 6, 2018.
- 7The record date for the dividend is November 15, 2018.