Tripadvisor (NASDAQ: TRIP) reported Q2 EPS of $0.55, $0.06 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $323 million versus the consensus estimate of $321.7 million.

"We are gaining momentum in 2014. In the second quarter, we saw growth accelerate in total revenues, click-based revenues, revenue per hotel shopper and hotel shoppers, a testament to the progress we have made in our core products as well as our adjacent business lines," said Steve Kaufer, President and CEO of TripAdvisor. "With nearly 280 million average monthly unique visitors and nearly 50% of our traffic on mobile devices, our product innovations and recent acquisitions are aimed at delighting more users throughout all phases of the travel planning, booking and trip-taking process."

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