TripAdvisor Profit Margin Lags, But Q4 Earnings Beat
TripAdvisor (TRIP) shares were down 6% in early trading Thursday, after the provider of travel reviews and related content late Wednesday issued an adjusted Q4 EBITDA margin lower than some analyst estimates, driven by higher cost of revenue and sales and marketing. The company's Q4 sales and profit, however, edged analyst estimates on a double-digit jump in click-based advertising. Here's IBD's report. TripAdvisor said Q4 sales rose 23% to $169.4
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