8-KEarnings & ResultsOther EventsExhibits & Filings

Expedia Group, Inc. 8-K Report, Financial Results (May 2, 2019)

Filed May 2, 2019For Securities:EXPE

Summary

Expedia Group, Inc. (EXPE) filed an 8-K on May 2, 2019, to announce its first-quarter 2019 financial results and a quarterly cash dividend. The earnings release, furnished as an exhibit, details the company's performance for the quarter ended March 31, 2019. Investors should note that Expedia Group utilized non-GAAP financial measures in its reporting, with reconciliations provided in the earnings release for comparison to GAAP measures. In addition to the financial results, the company announced the declaration of a quarterly cash dividend of $0.32 per share, payable on June 13, 2019, to shareholders of record on May 23, 2019. This dividend declaration signals a commitment to returning capital to shareholders.

Key Highlights

  • 1Expedia Group announced its Q1 2019 financial results on May 2, 2019.
  • 2The company will hold a conference call to discuss its Q1 2019 financial results.
  • 3Non-GAAP financial measures were used in the earnings release, with GAAP reconciliations provided.
  • 4A quarterly cash dividend of $0.32 per share was declared.
  • 5The dividend is payable on June 13, 2019, to stockholders of record on May 23, 2019.
  • 6The information provided is furnished under Item 2.02 and Item 8.01 of Form 8-K.

Frequently Asked Questions

The primary purpose of this 8-K filing is to announce Expedia Group's financial results for the first quarter ended March 31, 2019, and to report the declaration of a quarterly cash dividend.

No, the earnings release contains non-GAAP financial measures. A reconciliation of these non-GAAP measures to the nearest comparable GAAP measures is provided within the furnished earnings release (Exhibit 99.1).

The quarterly cash dividend of $0.32 per share is payable on June 13, 2019, to stockholders of record as of the close of business on May 23, 2019.

Investors should carefully review the earnings release, paying attention to both GAAP and non-GAAP financial measures. The provided reconciliations are crucial for understanding the differences and for making informed comparisons.