EXPEDIA, INC. (NASDAQ:EXPE) Files An 8-K Results of Operations and Financial ConditionItem 2.02.Results of Operations and Financial Condition.
On July 27, 2017, Expedia, Inc. ("Expedia") issued an earnings release and will hold a conference call regarding its financial results for the quarter ended June 30, 2017. A copy of the earnings release is furnished as Exhibit 99.1 hereto.
Expedia is making reference to non-GAAP financial measures in both the earnings release and the conference call. A reconciliation of these non-GAAP financial measures to the nearest comparable GAAP financial measures is contained in the attached Exhibit 99.1 earnings release.
to General Instruction B.2. to Form 8-K, the information set forth in this Item 2.02 shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 2.02Regulation FD Disclosure.
On July 27, 2017, Expedia and Traveloka Holding Limited ("Traveloka") issued a press release announcing that Expedia has made a $350 million primary minority investment in Traveloka and that the companies are deepening their cooperation on global hotel supply. A copy of the press release is attached as Exhibit 99.2 hereto and is incorporated by reference.
to General Instruction B.2. to Form 8-K, the information furnished in this Item 2.02 (Regulation FD Disclosure) shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 2.02.Other Events.
On July 27, 2017, Expedia announced that its Executive Committee, acting on behalf of its Board of Directors, has declared a quarterly cash dividend of $0.30 per share of outstanding common stock payable on September 14, 2017 to stockholders of record as of the close of business on August 24, 2017.
Item 2.02.Financial Statements and Exhibits.
(d)Exhibits
|
Exhibit Number |
Description |
|
99.1 |
Earnings Release of Expedia, Inc., dated July 27, 2017 |
|
99.2 |
Press Release of Expedia, Inc. and Traveloka Holding Limited, dated July 27, 2017 |
Expedia, Inc. ExhibitEX-99.1 2 earningsrelease-q22017.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Expedia,…To view the full exhibit click here
About EXPEDIA, INC. (NASDAQ:EXPE)
Expedia, Inc. is an online travel company. The Company makes travel products and services available, on a standalone and package basis, provided by various lodging properties, airlines, car rental companies, destination service providers, cruise lines and other travel product and service companies. Its Core OTA segment provides a range of travel and advertising services, through a range of brands, including Expedia.com and Hotels.com in the United States and localized Expedia and Hotels.com Websites throughout the world, Orbitz.com, Expedia Affiliate Network, Hotwire.com, Travelocity, Venere, Wotif Group, CarRentals.com, and Classic Vacations. Its trivago segment sends referrals to online travel companies and travel service providers from its hotel metasearch Websites. Its Egencia segment, which also includes Orbitz for Business, provides managed travel services to corporate customers. Its HomeAway segment operates an online marketplace for the vacation rental industry.
