Trip.com Reports Q2 Financial Results: GAAP EPADS of $1.00 Beats Estimates; Revenue Falls Short
Tuesday, 27 August 2024, 04:47
Key Financial Highlights
In a significant earnings report, Trip.com (TCOM) announced their second quarter results. The company reported a GAAP EPADS of $1.00, surpassing expectations by $0.23. However, their revenue of $1.8 billion, reflecting a 14.0% year-over-year growth, fell short by $380 million.
Adjusted EBITDA Performance
The Adjusted EBITDA for the quarter was reported at $611 million, highlighting the company’s operational performance amidst revenue challenges.
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