trivago N.V. (TRVG) PT Raised to $6.30 at Mizuho Securities
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Posting record double-digit net income, trivago returns to profitability in Q3 2018
October 24, 2018 7:03 AM EDTFinancial Highlights
In the third quarter of 2018, we returned to profitability as we reduced our Advertising Spend to adapt to the changing dynamics on our marketplace.Net income in the third quarter of 2018 was 10.1 million, compared to a net loss of 7.7 million in the third quarter of 2017. Net loss in the nine months ended September 30, 2018 was 32.5 million, compared to net loss of 3.5 million for the same period in 2017.Adjusted EBITDA was 26.6 million in the third quarter of 2018, compared to an Adjusted EBITDA loss of 7.1 million in the third quarter of 2017. For the nine months... More