International is the big growth market for Tripadvisor as U.S. and UK matures, and its revenue numbers and growth shows that.
Tripadvisor’s Q3 earnings just came out, the fourth quarter since it went public, and it is continuing on its big growth numbers:
— Net income increased 12% quarter-over-quarter and increased 9% year-overyear to $59.4 million.
— Revenue increased to $212.7 million, up 8% quarter-over-quarter and up 18% year-over-year.
— Revenue from click-based advertising totaled $168.0 million for Q3 2012, increase of 15% compared to year-ago quarter, while display totaled $23.6 million, an increase of 12% compared to year-ago quarter.
— U.S. revenue totaled $105.6 million, and represented 50% of total revenue, compared to 53% in year ago quarter, while UK totaled $30.4 million, and represented 14% of total revenue, compared to 16% in year-ago quarter.
— International is big growth market: $76.7 million for Q3, and represented 36% of total revenue, compared to 31% in the year-ago quarter. This allays some of the fears that analysts had during it previous quarter’s results.
Full release embedded below:
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