TCOM - Trip.com Non-GAAP EPADS of $0.45 beats by $0.19 revenue of $1.3B beats by $140M
2023-06-08 01:25:02 ET
- Trip.com press release ( NASDAQ: TCOM ): Q1 Non-GAAP EPADS of $0.45 beats by $0.19 .
- Revenue of $1.3B (+124.0% Y/Y) beats by $140M .
- Adjusted EBITDA for the first quarter of 2023 was $410M.
- Adjusted EBITDA margin was 31% for the first quarter of 2023, compared to 2% for the same period in 2022 and 6% for the previous quarter.
- As of March 31, 2023, the balance of cash and cash equivalents, restricted cash, short-term investment, held to maturity time deposit and financial products was $9.9B.
- "We are encouraged to see the world becoming more open and connected at the start of 2023. We remain positive for the outlook of the global travel industry and the opportunities that lie ahead."
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Trip.com Non-GAAP EPADS of $0.45 beats by $0.19, revenue of $1.3B beats by $140M