Summary
Expedia Group, Inc. (EXPE) filed an 8-K on November 6, 2019, to report its third-quarter 2019 financial results and announce a quarterly cash dividend. The earnings release, furnished as an exhibit, details the company's performance for the quarter ended September 30, 2019, and includes non-GAAP financial measures which are reconciled to their GAAP equivalents within the release. Investors should review this earnings release for a comprehensive understanding of Expedia's operational and financial condition during the period. In addition to financial performance, the company also announced the declaration of a quarterly cash dividend of $0.34 per share, payable on December 12, 2019, to shareholders of record on November 19, 2019. This dividend declaration provides a direct return of capital to shareholders and signals confidence in the company's ongoing financial stability.
Key Highlights
- 1Expedia Group announced its financial results for the third quarter ended September 30, 2019.
- 2The company's earnings release, containing detailed financial information and non-GAAP measures, was furnished with the 8-K filing.
- 3A reconciliation of non-GAAP financial measures to the nearest comparable GAAP measures is provided in the earnings release (Exhibit 99.1).
- 4Expedia Group declared a quarterly cash dividend of $0.34 per share.
- 5The dividend is payable on December 12, 2019.
- 6Record date for the dividend is the close of business on November 19, 2019.