Expedia Group, Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by Expedia, Inc. on October 27, 2016. The report primarily serves to announce the company's financial results for the quarter ended September 30, 2016, 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 press release furnished as Exhibit 99.1, 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 $0.26 per share of outstanding common stock.
- Payment Details: The dividend is payable on December 8, 2016, to stockholders of record as of the close of business on November 17, 2016.
- Results Announcement: The company issued a press release and held a conference call regarding Q3 2016 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 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 (Press Release) for specific Q3 2016 revenue, net income, and operating margin figures.
- Verify the reconciliation of non-GAAP financial measures to GAAP measures in the press release.
- Confirm the record date (November 17, 2016) and payment date (December 8, 2016) for the $0.26 dividend.
- Check for any forward-looking statements or updated guidance provided during the conference call referenced in the filing.