Expedia Group, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Expedia Group, Inc. on July 25, 2019. The filing primarily serves to announce the company's financial results for the quarter ended June 30, 2019, and to declare a quarterly cash dividend.
Key Financial Metrics
The filing text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are detailed in the attached Exhibit 99.1 (Earnings Release), which is referenced but not included in the provided text. The company noted the use of non-GAAP financial measures in its earnings release, with reconciliations to GAAP measures provided in the exhibit.
Material Changes and Other Events
- Dividend Declaration: The Executive Committee declared a quarterly cash dividend of $0.34 per share of outstanding common stock.
- Payment Details: The dividend is payable on September 12, 2019, to stockholders of record as of the close of business on August 22, 2019.
- Earnings Announcement: The company issued an earnings release and held a conference call regarding Q2 2019 results on the filing date.
Guidance, Outlook, and Risks
The provided text does not contain specific guidance, outlook, management commentary, or risk factors. It states that the information in Item 2.02 and Exhibit 99.1 is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (Earnings Release) for specific Q2 2019 revenue, net income, and operating margin figures.
- Verify the reconciliation of non-GAAP financial measures to GAAP measures in the earnings release.
- Confirm the record date (August 22, 2019) and payment date (September 12, 2019) for the $0.34 per share dividend.
- Check for any forward-looking statements or updated full-year guidance in the referenced earnings release.