Tripadvisor - spin-off von Expedia - Älteste Beiträge zuerst (Seite 2)

[R-BgO]

On December 11, 2012, Expedia, Inc. (Nasdaq: EXPE) Chairman and Senior Executive Barry Diller circulated the following email to Expedia, Inc. employees:


To: All Expedia Employees
From: Barry Diller

Re: Message from the Chairman

As many of you may have read of the sale of our family’s interest in TripAdvisor (Nasdaq: TRIP), and with questions of whether or not this is the first step in a general disposal of assets, I wanted to be quite clear that the answer to that question is ‘NO’.

This is the statement that I made about TripAdvisor:

“Ever since we acquired TripAdvisor in 2004 it’s been one of the smoothest and most trouble-free growth stories I’ve ever known,” said Barry Diller. “During that time it grew from a startup with $23 million in annual revenues to a $5 billion plus public company with a global brand that operates the world’s largest travel site. Its great progress has happened because of the superb talents of its co-founder and CEO, Steve Kaufer, and the team he leads. My only reason for resigning as Chairman and disposing of my interests is that I have more obligations than time and transferring control of TripAdvisor to Liberty (Nasdaq: LINTA) is something I’m very comfortable with -- Liberty has proven itself a fine steward and leader of its controlled businesses.”

Since the original sale by Microsoft ten years ago, I’ve been the Chairman of Expedia, through all it’s good times, and some less than good, and enjoyed it thoroughly. I’m very proud of the work you all do and the prospects for the future and plan to stay engaged as long as I’m sentient. I hope this clarifies, and I hope you all have a wonderful holiday and new year…

Barry Diller

[R-BgO]

Antwort auf Beitrag Nr.: 43.939.205 von R-BgO am 18.12.12 12:49:58

December 11, 2012

Liberty Interactive Corporation Acquires Voting Control of TripAdvisor, Inc.


Englewood, Colorado, December 11, 2012 – Liberty Interactive Corporation ("Liberty") (Nasdaq: LINTA, LINTB, LVNTA, LVNTB) and TripAdvisor, Inc. ("TripAdvisor") (Nasdaq: TRIP) announced today that Liberty has purchased a total of 4,799,848 shares of common stock of TripAdvisor from Barry Diller and The Diller-von Furstenberg Family Foundation at a price of $62.50 per share. As part of the transaction, Mr. Diller's right to control the vote of the shares of TripAdvisor's common stock and Class B common stock that are beneficially owned by Liberty has been terminated and Liberty now controls a majority voting stake in TripAdvisor. Giving effect to the transactions, Liberty owns and controls 18,159,752 shares of common stock and 12,799,999 shares of Class B common stock of TripAdvisor, representing approximately 22% of the equity and 57% of the total votes of all classes of TripAdvisor common stock. Liberty has attributed the shares of TripAdvisor common stock that it owns to its Liberty Ventures tracking stock group.

Concurrently with the transaction, Mr. Diller resigned as Chairman of the Board of Directors and as Senior Executive of TripAdvisor, but will continue serving as a director of TripAdvisor. TripAdvisor will make an announcement when the Board of Directors has elected a new Chairman of the Board of Directors.

"Ever since we acquired TripAdvisor in 2004 it's been one of the smoothest and most trouble-free growth stories I've ever known," said Barry Diller. "During that time it grew from a startup with $23 million in annual revenues to a $5 billion plus public company with a global brand that operates the world's largest travel site. Its great progress has happened because of the superb talents of its co-founder and CEO, Steve Kaufer, and the team he leads. My only reason for resigning as Chairman and disposing of my interests is that I have more obligations than time and transferring control of TripAdvisor to Liberty is something I'm very comfortable with – Liberty has proven itself a fine steward and leader of its controlled businesses."

"It has been a pleasure to work with Barry and we appreciate his outstanding leadership through the years. I thank him for his numerous contributions and look forward to his continued involvement with our Company as a member of our Board." said Steve Kaufer, co-founder and CEO of TripAdvisor. "Liberty has been an important stockholder of ours and we look forward to continuing this relationship in the future."

"We are pleased to take voting control of our longstanding stake in TripAdvisor," said Greg Maffei, Liberty President and CEO. "TripAdvisor is an established leader in the travel industry and our increased investment in the company is a strong addition to our portfolio."

About Liberty Interactive Corporation
Liberty Interactive Corporation operates and owns interests in a broad range of digital commerce businesses. Those interests are currently attributed to two tracking stock groups: Liberty Interactive Group and Liberty Ventures Group. The Liberty Interactive Group (Nasdaq: LINTA, LINTB) is primarily focused on digital commerce and consists of Liberty Interactive Corporation's subsidiaries Backcountry.com, Bodybuilding.com, Celebrate Interactive (including Evite and Liberty Advertising), CommerceHub, MotoSport, Provide Commerce, QVC, Right Start, and Liberty Interactive Corporation's interests in HSN and Lockerz. The Liberty Ventures Group (Nasdaq: LVNTA, LVNTB) consists of Liberty Interactive Corporation's non-consolidated assets, including interests in AOL, Expedia, Interval Leisure Group, Time Warner, Time Warner Cable, Tree.com (Lending Tree), TripAdvisor and various green energy investments.
Liberty Interactive Corporation
Courtnee Ulrich, 720-875-5420

[fredthejet]

Kurs zum 31.12.2012: 41,92 $

Auf ein erfolgreiches Jahr 2013... :-)

[fredthejet]

TRIP schließt heute bei 45,12 $ und gibt am 13.2 Ergebnisse bekannt...

TripAdvisor to Announce Fourth Quarter and Full Year 2012 Financial Results on February 13, 2013

TripAdvisor, Inc. announced today that it will release its fourth quarter and full year 2012 financial results after market close on Wednesday, February 13, 2013. On that day, the company will hold a conference call and live webcast at 5 p.m. ET to review and discuss the company's business highlights and results for the fourth quarter and year ended December 31, 2012. In addition, the company may discuss business and financial developments and trends and other matters affecting the company, some of which may not have been previously disclosed. A recorded version of the webcast will be available shortly after the live call and will be accessible at http://ir.tripadvisor.com/events.cfm for at least twelve months following the conference call.

Mal schauen, was wir da für Zahlen präsentiert bekommen.

[fredthejet]

!

Dieser Beitrag wurde von k.maerkert moderiert. Grund: auf eigenen Wunsch des Users

[fredthejet]

Forbes Earnings Preview:

Wall Street is optimistic about Tripadvisor Inc (TRIP), which is slated to report its fourth quarter results on Wednesday, February 13, 2013. Analysts project a profit of 23 cents a share, a rise from 16 cents per share a year ago.

Analysts are expecting earnings of $1.39 per share for the fiscal year. Analysts are projecting that revenue this quarter will remain flat at $167.1 million. For the year, revenue is expected to come in at $760.2 million.

Analysts generally think investors should stand pat on Tripadvisor, with 11 of 19 analysts rating it hold. Analyst sentiment has waned during the last three months

[fredthejet]

February 13, 2013 -- TripAdvisor, Inc. (NASDAQ: TRIP) today announced financial results for the fourth quarter and full year ended December 31, 2012.

· Fourth quarter 2012 revenue was $169.4 million, up 23% year-over-year; full year 2012 revenue increased to $763.0 million, up 20% year-over-year.

· Fourth quarter 2012 net income was $33.6 million, or $0.23 per diluted share, up 52% year-overyear; full year 2012 net income increased to $194.1 million, or $1.37 per diluted share, up 9% year-over-year.

· Fourth quarter 2012 non-GAAP net income was $41.3 million, or $0.29 per diluted share, up 26% year-over-year; full year 2012 non-GAAP net income increased to $218.7 million, or $1.54 per
diluted share, up 10% year-over-year.

· Fourth quarter 2012 Adjusted EBITDA was $64.3 million, or 38% of revenue, up 17% year-overyear; full year 2012 Adjusted EBITDA increased to $352.5 million, or 46% of revenue, up 9% yearover-
year.

· Cash flow from operations for the fourth quarter was $71.1 million, or 42% of revenue, up 172% year-over-year; full year 2012 cash flow from operations increased to $239.1 million, or 31% of
revenue, up 10% year-over-year.

· Free cash flow for the fourth quarter increased 199% year-over-year to $62.4 million, or 37% of revenue; full year 2012 free cash flow was $209.8 million, or 27% of revenue, up 7% year-overyear.

· Effective February 12, 2013 Mr. Gregory B. Maffei, President, CEO and Director of Liberty Interactive Corporation, was elected Chairman of the Board and designated to serve on the
Executive Committee and Compensation Committee.

· Board of Directors authorizes up to $250 million of share repurchases.

“The fourth quarter capped an exciting year during which we reinforced our importance in the travelplanning
funnel. We deepened our social and personalization initiatives, grew our member and content base rapidly and innovated our product offerings, including introducing a new meta experience on
smartphones,” said Steve Kaufer, CEO of TripAdvisor. “In 2013, we want to build on that momentum and amplify our global brand, providing the best experience for every user, on every device, in every geography.”

[fredthejet]

TRIP überspringt heute die "magische Grenze" und schließt mit 50,59$. :-)

[fredthejet]

TripAdvisor snaps up Tiny Post, second company in less than 6 months

Online travel review and search company TripAdvisor Inc. (Nasdaq: TRIP) has acquired Tiny Post, the business behind an app that lets users write over photos and turn the images into mini stories.

Newton, Mass.-based TripAdvisor would not disclose financial details of the purchase, but did say employees from the Tiny Post team will move into TripAdvisor’s Palo Alto, Calif. office. Tiny Post was part of the 500 Startups accelerator program and was co-founded by Dick Brouwer and Melissa Miranda, former co-founders of ListCharming, and funded by Silicon Valley angels.

“The Tiny Post team have created a wonderful app that shows the possibilities of combining travel photos with social and mobile,” said Steve Kaufer, co-founder and CEO TripAdvisor, Inc. “We think Tiny Post is a great fit with our continued drive to provide engaging and sharable content and I am happy to welcome this strong team to TripAdvisor.”

In a recent call with analysts discussing its fourth quarter and 2012 results, Kaufer said rich user-generated content is the lifeblood of the business, and that its travel community is on pace to add more than 30 million contributions in 2013.

This is the second acquisition in less than six months for TripAdvisor. The company acquired Wanderfly a Brooklyn, N.Y.-based travel inspiration site in October 2012 and a year earlier, it bought Where I’ve Been LLC, a travel website and social platform company based in Chicago.

During a recent call with analysts, TripAdvisor CFO Julie Bradley said the company going to continue to buy as much traffic as it can.

“I buy traffic, I sell traffic. As long as we can do that profitably, we’re going to continue to buy as much as we can. Whereas out social spend has a longer gestation period, we’re looking - we’re buying marketable members that convert that contribute more content, that share more and when they convert, they convert at higher levels. We have a long horizon on that spend.”

http://www.bizjournals.com/boston/blog/techflash/2013/03/tri…

[fredthejet]

http://www.barchart.com/opinions/stocks/TRIP

Overall Average: 64% Buy