Expedia, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Expedia, Inc. on February 10, 2011. The filing primarily serves to announce the company's financial results for the quarter ended December 31, 2010, and to disclose a newly declared 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 contained within the press release furnished as Exhibit 99.1, which is referenced but not included in the provided text. The filing notes that the company utilizes non-GAAP financial measures in its reporting.
Material Changes and Corporate Actions
- Dividend Declaration: The Executive Committee declared a quarterly cash dividend of $0.07 per share of outstanding common stock.
- Payment Details: The dividend is payable on March 11, 2011, to stockholders of record as of the close of business on March 31, 2011.
- Investor Communications: Management intends to conduct presentations to investors and analysts during February, March, and April 2011 using slides provided as Exhibit 99.2.
Guidance, Outlook, and Risks
The filing does not contain specific guidance, outlook figures, or detailed risk factors within the main text. It explicitly states that the information regarding financial results and investor presentation slides is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, limiting liability unless expressly incorporated by reference in other filings.
Investor Verification Checklist
- Review Exhibit 99.1 for the full text of the Q4 2010 earnings release to obtain specific revenue and profit figures.
- Verify the record date (March 31, 2011) and payment date (March 11, 2011) for the $0.07 per share dividend.
- Examine Exhibit 99.2 for the company overview slides used in upcoming investor presentations.
- Confirm the reconciliation of non-GAAP financial measures referenced in the earnings release.